Trump Appoints Musk and Ramaswamy to Lead Government Efficiency Department

In an effort to cut back on unnecessary federal expenditure, Donald Trump has appointed two billionaires, Vivek Ramaswamy and Elon Musk who is the CEO of Tesla to lead the effort. The president-elect Trump uses the acronym to work as the Department of Government Efficiency or DOGE.

The body will go by the abbreviation Doge, a playful reference to the meme and cryptocurrency Dogecoin which are symbolized by a Shiba Inu dog image that Mr. Musk has looked favorably on.

Embedding Link: https://x.com/elonmusk/status/1856523237208797221

During the Trump campaign, Mr. Musk became a crucial supporter reportedly spending over $100 million to support the Republican candidate and continuously advancing Mr. Trump’s candidacy on X, which he controls.

Embedding Link: https://x.com/elonmusk/status/1856502787930050927

The Department of Government Efficiency: What is it?

In a statement released on Tuesday, Trump announced the DOGE calling it an attempt to “slash excess regulations, cut wasteful expenditures and restructure Federal Agencies.”

The name alludes to Musk’s endorsement of dogecoin, a cryptocurrency that features a happy Shiba Inu dog and was made as a joke by two software developers. (Dogecoin is currently trading at 38 cents having more than tripled in value during the past month.)

Trump stated that Musk and Ramaswamy’s project “will conclude no later than July 4, 2026,” which is the year that the Declaration of Independence is celebrated for the 250th time.

Trump just described the initiative’s parameters, he made no mention of its funding or staffing. A question concerning the DOGE’s finance and whether Musk or Ramaswamy will receive compensation for their contributions to the endeavor was not answered by the Trump campaign.

President-elect Trump also said that Musk and Ramaswamy might not take on formal government roles. He clarified that they would, “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.”