What can actually DOGE do?
Investing.com -- The announcement of the Department of Government Efficiency (DOGE), spearheaded by Elon Musk and Vivek Ramaswamy, has drawn public attention and speculation about its potential to transform federal operations.
However, according to analysts at Barclays (LON:), the scope of DOGE’s influence is likely far more limited than its proponents suggest.
Contrary to its title, DOGE is not a formal government department. Its function is advisory, with no legal or executive powers to enforce its recommendations.
Without congressional approval or direct legislative support, its capacity is constrained to making suggestions rather than implementing change.
DOGE’s potential actions include highlighting areas of federal inefficiency, such as waste, fraud, and abuse, and proposing impr...