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is there a conflict of interest behind musk and trump’s “political partnership”?

2024-09-06

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elon musk visits capitol hill in july

phoenix.com technology news, september 6, beijing time, according to the washington daily, former us president trump revealed in a public speech on thursday,if he is re-elected, he will invite musk to lead the government committee, and musk agrees.these remarks indicate a further deepening of the two's political cooperation, but at the same time have also aroused outside attention about possible conflicts of interest.

the government committee aims to comprehensively audit the operation of the federal government and propose major reforms. as the head of several high-tech companies, musk's influence will directly reach the federal agencies that oversee his business portfolio, including tesla's electric car business and spacex's space exploration activities. this cooperation will undoubtedly give musk a greater voice in shaping us federal policies.

musk himself responded on social media x on thursday, saying that he was "willing to serve the united states and does not seek any compensation, title or recognition." however,as his relationship with trump has grown, the lines between musk’s business interests and policymaking have become more blurred.

in fact, musk's cooperation with trump did not happen overnight. musk has publicly expressed his support for trump since trump was attacked at a campaign rally in july this year. previously, the wall street journal reported that the two discussed the possibility of musk playing an advisory role in the government, although this statement was later denied by musk himself. it is undeniable that musk's investment in the political field has increased significantly in recent years. not only has he supported trump through donations, but he has also personally participated in policy discussions, such as proposing the establishment of a committee to deal with government spending issues.

this is not musk's first foray into government affairs. he served as an adviser to the president during trump's first term, but resigned due to differences in climate policy. now, he is once again involved in policy making in a more direct way.

elon musk meets with president trump at the white house in 2017.

however, the close connection between musk's business interests and the federal government has also raised public concerns about conflicts of interest. as the leader of multiple companies regulated by federal agencies, how musk can ensure that he does not harm the public interest and the independence of his own companies while promoting government efficiency has become a pressing issue.

richard briffault, a professor at columbia law school, said that the key to resolving conflicts of interest lies in establishing clear guiding principles and regulatory mechanisms. if musk can come up with a set of widely used principles to guide government reforms, rather than limiting his personal corporate interests, his participation will hopefully have a positive impact on improving government efficiency. on the contrary, if his actions are accused of suspected interest transfer, it may trigger a crisis of public trust and face legal risks. (author/han tianshu)

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