Antonio Gracias, a close associate of Elon Musk and a high-ranking official in the DOGE government initiative, has resigned from his position.
His departure comes amid growing concerns and calls for investigation into potential conflicts of interest, as he managed nearly $2 billion for major U.S. public pension funds while serving in government. Gracias, a private-equity billionaire, was also involved in the Trump administration's DOGE efforts. The situation has raised questions about the ethics of holding influential government roles while managing significant private investments.
His exit marks another high-profile departure from the DOGE team.
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