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DOGE Put Him in the Treasury Department. His Company Has Federal Contracts Worth Millions

DOGE Put Him in the Treasury Department. His Company Has Federal Contracts Worth Millions

There are some precedents for company executives to work in the U.S. government at the same time. When the United States went on war in the early 1900s, the federal government recruited business leaders to fill key positions. They retained private sector jobs and wages; the government paid $1 a year to executives known as the “Dollar Man of the Year.” Congress later Gave people’s attention Some of them engage in self-communication.

Since then, other executives have continued to retain their work while serving on government boards and committees, usually part-time. However, political scientist David E. Lewis (David E. A book on the appointment of government bureaucrats. “Most people in regular administrative positions deprive themselves of their private interests before government services,” he said.

trump card, According to his companyDuring his presidency, his business managers (including hotels and golf courses) handed it over to his children (although he was reportedly still holding meetings Asked a question in ethics experts). Musk, Who is the CEO of Tesla and Spacex And oversight of four other companies, including X and Neuralink, has been a voice in the Doge business, but the White House said He’s not actually responsible– No designated who leads the project. Some other Doge-related people are unemployed, taking leave or maintaining dual roles, but at a lower level than the CEO.

Krause is the only sure Trump administration official because he serves as CEO and day-to-day decision-maker in a specific institution. After years of working as an executive at a chip company, Klaus joined Florida Cloud software group In 2022. The company was part of a private equity-backed Citrix acquisition, which was subsequently merged with another tech company, Tibco. At the time, Citrix was tied up by a lot of debt and largely stagnant revenue, and while Tibco has not recently disclosed its financial situation, analysts believe the company’s prospects are “Negative. ”

Research and consulting firm Forrester said the U.S. government, including state and local agencies, is expected to spend $287 billion on technology this year, accounting for about 14% of the U.S. total technology spending. Doge’s efforts to improve the quality and efficiency of federal IT systems will lead to increased or decreased spending. Doge has tried it so far Buy emerging technologies Then move Cancel some existing contracts. However, Krause’s internal access may provide an advantage for cloud software at a critical moment for the company.

Over the past few years, cloud software Thousands of people have been fired and Facing allegations that it has the potential to become loose with cybersecurity. Cloud Software’s most famous product, Citrix, allows a group of workers to access data located on remote computers and run applications. But, according to Forrest Infrastructure and Operations Senior Analyst Will Mckeon-White, a growing number of tools that can run on any device, are taking a place. He said there are other options now, including from small companies such as Microsoft and Kojima.

Forrester principal analyst David Mooter said the TIBCO program of cloud software can help workers automate tasks, such as adding new users to multiple internal databases, and these days are often mentioned in wrong conversations. “When someone wants to give up on them, they tend to be more,” he said.

That is, some cloud software services are more affordable than government alternatives, and they are also more suitable for old infrastructure used by some institutions. Shannon Kalvar, research director for Enterprise Systems Management and other fields in IDC, said last year seemed to have been one of Citrix’s best finances for a long time. One reason for the rise is that Citrix places more emphasis on meeting the functional requirements of its largest customers, including governments.

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