Bill Ackman Says Events Around The Scuttled Spending Bill Provide A Road Map For 'Rapid DOGE Progress'

Bill Ackman, CEO of Pershing Square Capital Management, discussed how the Department of Government Efficiency (DOGE) can influence policy decisions. He used the recent defeat of a spending bill as an example. Ackman outlined a three-step strategy led by DOGE co-heads Vivek Ramaswamy and Elon Musk, which included public criticism of wasteful spending and concerns about primary challenges. The bill aimed to extend government funding and avoid a shutdown but was rejected after DOGE's actions. The incident has drawn political debate, with Democrats criticizing the move.