Steve Davis, a central pillar in the crypto community, still holds much power over DOGE decisions. His influence is still as pronounced as ever, even in light of last week’s speculation about his exit. His last official day was in May. Yet, industry outsiders say that Davis continues to play an active role, signaling his loyalty to his boss Elon Musk and his dedication to the future of DOGE.
Davis is also notorious for his miserly, penny-pinching expenditures, often only allowing expenditures approved for hundreds of dollars. This fiscal discipline is indicative of his commitment to get more with the resources the agency has at its disposal. His loyalty to Musk seems to know no bounds. Stripes, Taxi, and more After Musk took over the social media platform X, he was said to have slept in the offices there along with his wife and newborn son. These moments highlight the personal sacrifices Davis is prepared to endure for his friend.
Contrary to outside impressions, Davis is still very much connected with DOGE. He’s a steady hand advising and directing current officeholders, putting his stamp on projects still underway. He has called the rumors regarding his exit “fake news.” More likely, this response reflects his deep, personal commitment to remaining in conversation and in community with the cryptocurrency world.
Davis’s continued presence has created internal strife within DOGE. In one instance documented in reports, staffers have been put on loyalty tests between Musk and Donald Trump during closed-door sessions. This tension is illustrative of the larger feud between the two leaders. This toxic cocktail has combined to make an extremely hostile working environment for employees who are being forced to choose between these warring loyalties.
Davis and Musk’s team are allegedly developing a new initiative called “DOGE 2.0.” Different from a lot of previous projects that have centered on reducing jobs, this latest track is meant to improve federal government IT systems. The change signals a deeper DOGE roadmap that goes beyond the core functions of cryptocurrency. Critics say that this focus primarily serves to enrich Musk’s business interests. Supporters of the potential influencer of transportation policy point to his successful ventures, from SpaceX, to Tesla, to X.