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.