Elon Musk, Vivek Ramaswamy land Trump administration roles

President-elect Trump has tapped tech entrepreneurs Elon Musk and Vivek Ramaswamy to lead an advisory group focused on cutting federal spending.

Nov 13, 2024 - 01:31
 0
Elon Musk, Vivek Ramaswamy land Trump administration roles

(The Hill) -- President-elect Trump has tapped tech entrepreneurs Elon Musk and Vivek Ramaswamy to lead an advisory group focused on cutting federal spending and reducing the size of the government.

Trump announced Tuesday that Musk and Ramaswamy would lead his “Department of Government Efficiency" (DOGE), an initiative meant to “slash excess regulations, cut wasteful expenditures” and restructure federal agencies.

Trump said that DOGE would "provide advice and guidance from outside of government" and partner with the White House Office of Budget and Management (OMB).

“It will become, potentially, ‘The Manhattan Project’ of our time. Republican politicians have dreamed about the objectives of “DOGE” for a very long time,” the President-elect added.

FILE - Elon Musk speaks before Republican presidential nominee former President Donald Trump at a campaign rally at Madison Square Garden, Sunday, Oct. 27, 2024, in New York. (AP Photo/Evan Vucci, File)
FILE - Elon Musk speaks before Republican presidential nominee former President Donald Trump at a campaign rally at Madison Square Garden, Sunday, Oct. 27, 2024, in New York. (AP Photo/Evan Vucci, File)
  • elon musk

It was not immediately clear whether DOGE would be an official part of the Trump administration or advise the White House from outside the government.

“To drive this kind of drastic change, the Department of Government Efficiency will provide advice and guidance from outside of Government, and will partner with the White House and Office of Management & Budget to drive large scale structural reform, and create an entrepreneurial approach to Government never seen before.”

In a statement shared by Trump, Musk said DOGE will “send shockwaves through the system and anyone involved in Government waste, which is a lot of people!”

The announcement of DOGE and Musk’s role in it comes after months of floating the idea and Trump’s rising alliance with the tech entrepreneur. Ramaswamy briefly ran in the Republican presidential primary before suspending his bid at the beginning of this year and backing Trump.

“I look forward to Elon and Vivek making changes to the Federal Bureaucracy with an eye on efficiency and, at the same time, making life better for all Americans. Importantly, we will drive out the massive waste and fraud which exists throughout our annual $6.5 Trillion Dollars of Government Spending. They will work together to liberate our Economy, and make the U.S. Government accountable to “WE THE PEOPLE,” Trump wrote.

The President-elect said DOGE’s work will “conclude” no later than July 4, 2026 in celebration of the 250th anniversary of the Declaration of Independence.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow

CryptoFortress Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.