President-elect Donald Trump announced Tuesday that billionaire Elon Musk and businessman Vivek Ramaswamy will lead a new temporary agency, to be known as the Department of Government Efficiency.
Trump said in a statement that the two “will pave the way for my administration to eliminate government bureaucracy, reduce excess regulation, cut waste, and reorganize federal agencies – all essential to the 'Save America' movement. “
Trump suggested that Musk and Ramaswamy might not formally join the government, explaining that both would “provide advice and guidance from outside the government, and bring about massive structural reforms to the White House and Management and Budget.” Will partner with the office.” “And create an entrepreneurial approach to government that has never been seen before.”
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In his own statement, Musk said the new agency would “send shock waves through the system, and everyone involved in government waste, which is a lot of people!”
Trump, in his statement, set a deadline for their work and said it would be “finished no later than July 4, 2026.”
“A smaller government, with more efficiency and less bureaucracy, would be the best gift America can give us on the 250th anniversary of the Declaration of Independence,” Trump wrote. “I believe they will succeed!”
The Trump campaign described the agency as “potentially, the 'Manhattan Project' of our time”. World War II secret program Who was involved in developing the atomic bomb.
musk was a major part In Trump's re-election campaign effort, while Ramaswami ran against trump in the Republican primary before endorsing him.
The department's acronym, DOGE, is also a dog meme that inspired dogecoinA cryptocurrency that was created as a joke and is credited with being the first meme coin.