The President-elect of the United States, Donald Trump, announced this Tuesday that he has appointed Elon Musk, owner of Tesla and currently the richest man in the world, to lead a new Department of Government Efficiency, along with former Republican presidential candidate Vivek Ramaswamy. Appointed for.
Trump said in a statement, “Together, these two amazing Americans will lead the way for my Administration to eliminate government bureaucracy, reduce overregulation, reduce waste, and restructure federal agencies — all to ‘Save America.’ necessary for the movement.”
According to Trump, the Department of Government Efficiency will be known by the acronym DOGE, an apparent reference to the Dogecoin cryptocurrency, which Musk has endorsed as “the people’s cryptocurrency.”
Musk donated $200 million to Trump’s campaign And he was one of her main public supporters facing the presidential election.
On his part, Ramaswamy faced Trump for the Republican nomination during the primary elections, becoming one of the latter’s strongest supporters.
“A threat to democracy? No, a threat to bureaucracy.”Upon hearing the news, Musk reacted on his social network X.
To which he later added that all actions of the new department would be published on the Internet, so that “transparency is maximum.”
“Whenever the public thinks we’re cutting something important or not cutting what’s a waste, let us know!” the Tesla founder asked.
And he said there will also be a ranking of the “most incredibly stupid” expenses made with your tax money. “It’s going to be very sad and very entertaining,” he said with the same provocative style to which he is accustomed.
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“We will not do things slowly,” Ramaswami warned on the same social network.
At the time, the billionaire suggested several radical reforms, including abolishing the Federal Bureau of Investigation (FBI).
According to Trump, Musk and Ramaswamy will be given the authority to make radical changes in public spending.
“This will potentially become the Manhattan Project of our time,” the president-elect said, referring to the US program to develop the first atomic bomb.
It is not clear exactly what form this new department will take, but it appears that it will be outside of formal government structures.
“The Department for Government Efficiency will provide advice and guidance from outside government,” the statement said. A business approach to government Never seen before.”
Trump assured that the new entity should finish its work before July 4, 2026, US Independence Day.
Musk – who previously cultivated his image as an eccentric tech genius who lived on the margins of politics – gave Trump’s campaign his full voice after surviving an attempt on his life during a campaign event in Butler, Pennsylvania, on July 13. Gave support.
In front of the American public, the 53-year-old South African tycoon invested his time, operational knowledge and deep pockets to get Republicans elected, a rarity among the American business elite, which traditionally plays politics behind the scenes. Like to impress.
As one of the president-elect’s biggest supporters, the tech billionaire donated millions of dollars to fund a super PAC aimed at re-electing Trump.
He also spent the final weeks leading up to Election Day campaigning to mobilize voters, including in battleground states. Distribute one million dollars per day to citizens of those areas who registered to vote,
The prize, which was awarded through a raffle, became the subject of a legal challenge, which was later dismissed by a judge.
Since Trump won the election, the shares of Musk’s companies have been skyrocketing, due to which his wealth has increased further.
Given that Musk-owned companies SpaceX and Tesla have received and may receive billions of dollars in government contracts, his close relationship with Trump could present a complex conflict of interest, according to some analysts.
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