Just before Donald Trump's inauguration, Ramp, a financial technology startup, made a substantial case for reducing wasteful government spending through a blog post. The ideas presented by Ramp's CEO mirrored those of Trump and Elon Musk, focusing on eliminating fraud in federal programs using corporate efficiency techniques. Despite having no federal contracts at that time, Ramp's advocacy caught the attention of Trump's administration, leading to multiple meetings with the General Services Administration, which oversees federal contracts. The discussions indicate potential opportunities for Ramp to integrate its services into a significant federal expense program.
Ramp's CEO and Elon Musk echoed claims that the government is plagued by fraud, advocating for business techniques to address wasteful spending.
With Trump's swift approval, Ramp executives held meetings at the GSA early in his presidency, leading to discussions about federal contracts.
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