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Benjamin Carr, Ph.D. 👨🏻‍💻🧬<a href="https://hachyderm.io/tags/ElonMusk" class="mention hashtag" rel="tag">#ElonMusk</a> ally, <a href="https://hachyderm.io/tags/MichaelGrimes" class="mention hashtag" rel="tag">#MichaelGrimes</a>, a former Morgan Stanley banker, leading <a href="https://hachyderm.io/tags/CHIPSAct" class="mention hashtag" rel="tag">#CHIPSAct</a> office purge — only 14% of original staff remain after dismissals CHIPS Act is largely disbursed, so we don’t expect any more companies to receive awards through the CHIPS Act. How Washington will disburse the billions of dollars that were already awarded to various companies but haven’t been released yet will ultimately become the work of remaining 22 staffers left in the CHIPS Act office <a href="https://www.tomshardware.com/tech-industry/elon-musk-ally-leading-chips-act-office-purge-only-14-percent-of-original-staff-remain-after-dismissals" target="_blank" rel="nofollow noopener noreferrer" translate="no">https://www.tomshardware.com/tech-industry/elon-musk-ally-leading-chips-act-office-purge-only-14-percent-of-original-staff-remain-after-dismissals</a>

⚯ Michel de Cryptadamus ⚯<a href="https://universeodon.com/tags/ElonMusk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ElonMusk</a>'s banker <a href="https://universeodon.com/tags/MichaelGrimes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#MichaelGrimes</a> is going to lead the new US sovereign wealth fund.coming soon: the US Strategic <a href="https://universeodon.com/tags/TSLA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TSLA</a> Reserve(nevermind the fact that governments traditionally only have sovereign wealth funds when they have budget surpluses...)<a href="https://universeodon.com/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a> <a href="https://universeodon.com/tags/Uspol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Uspol</a> <a href="https://universeodon.com/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> <a href="https://universeodon.com/tags/MAGA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#MAGA</a> <a href="https://universeodon.com/tags/Tesla" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Tesla</a>

WYM ModIs Michael Grimes ready to lead a groundbreaking wealth fund? As President Trump initiates a new U.S. sovereign wealth fund, Grimes, an experienced tech investment banker, emerges as a key player. Set to be financed by tariffs, this fund raises questions about its income sources and budget implications. Will it thrive amid financial complexities? Discover more about this pivotal move and its potential impact. Read the full article for insights. <a href="https://mastodon.vtip.me/tags/SovereignWealthFund" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#SovereignWealthFund</a> <a href="https://mastodon.vtip.me/tags/MichaelGrimes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#MichaelGrimes</a> <a href="https://mastodon.vtip.me/tags/InvestmentBanking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#InvestmentBanking</a> <a href="https://mastodon.vtip.me/tags/USEconomy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USEconomy</a> Source: [CNBC](<a href="https://www.cnbc.com/2025/03/05/michael-grimes-expected-to-lead-new-us-sovereign-wealth-fund.html" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.cnbc.com/2025/03/05/michael-grimes-expected-to-lead-new-us-sovereign-wealth-fund.html</a>)

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