Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Bill Gates Hopes Elon Musk Will Rethink Slashing USAID: Their Work Is Something 'Every Taxpayer Would Be Proud Of'

Author: Namrata Sen | February 18, 2025 09:45am

Microsoft Corp. co-founder Bill Gates in an interview on Monday, expressed optimism that Elon Musk will rethink slashing USAID programs.

What Happened: On Monday, Gates in an interview with noted biographer and journalist Walter Isaacson, talked about his contributions to global health, advancements in AI, and his newly released memoir, Source Code.

In this discussion aired on Amanpour and Company‘s YouTube channel, Bill Gates voiced his hope for Tesla CEO, Elon Musk to reconsider and preserve the USAID program. He said their work is something “Every Taxpayer Would Be Proud Of.”

He also highlighted the significant work done by the agency’s employees, particularly those working in challenging overseas conditions. Gates praised their efforts in providing assistance in areas such as famine relief and HIV medication distribution, including the U.S. President’s Emergency Plan for AIDS Relief (PEPFAR) program.

SEE ALSO: Elon Musk Urges Trump To ‘Delete Entire Agencies’ As DOGE Lead Calls For Radical US Spending Cuts: ‘Remove The Roots Of The Weeds’ (UPDATED)

Why It Matters: Musk’s reconsideration of USAID funding arises in the context of his public criticism of government spending, especially in response to documents exposing what he viewed as wasteful USAID projects. Musk, who heads the Department of Government Efficiency (DOGE), has previously branded USAID as “evil” and “a vipers nest of radical left marxists”.

The future of USAID has been a contentious issue recently, with Gates challenging Musk’s approach to the agency. Gates has previously expressed concern about the potential dismantling of USAID, questioning whether such a move aligns with American values. He has also noted his significant financial contributions to USAID programs.

Image via Shutterstock

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Posted In: MSFT TSLA

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist