President-elect Donald Trump has officially announced that fellow billionaire Elon Musk will head a new U.S. Department of Government Efficiency (“DOGE”) under his administration. Musk may not be eligible to run for president, but it seems he’ll still get to make decisions as part of the incoming U.S. government.
In a statement posted to Trump’s social media network Truth Social on Tuesday, the president-elect revealed that “the Great Elon Musk” would work with pharmaceutical and financial millionaire Vivek Ramaswamy to lead the new department. DOGE will partner with and advise the White House’s preexisting Office of Management and Budget to “drive large scale structural reform, and create an entrepreneurial approach to Government.”
According to Trump, DOGE’s purpose is to “pave the way for [his] Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies — Essential to the ‘Save America’ Movement.” DOGE will aim to complete its work by July 4, 2026, resulting …