presidential election donald trump announced tonight that he will appoint a billionaire Elon Musk And former Republican presidential candidate Vivek Ramaswamy will head a new Department of Government Efficiency (DOGE) when he takes office in 2025. The abbreviation DOGE appears to be Reference For the digital currency Dogecoin, of which Musk is a fan.

Trump's announcement said, “These two amazing Americans will lead the way for my Administration to eliminate government bureaucracy, reduce excess regulation, cut waste, and restructure federal agencies.”

The statement did not provide specific details on the nature of DOGE, but said it would “provide advice and guidance from outside the government” and that it would “partner with the White House Office of Management and Budget.”

In September, Trump said he would create a Government Efficiency Commission That Musk will run. Musk has called for cutting $2 trillion In federal spending. Government spent in 2023 $1.7 billion in discretionary fundsMusk has already hinted at The departments and areas he wants to cutThat includes funding for the Department of Education and National Public Radio.

Musk has been one of Trump's strongest supporters. During the campaign, he put almost $200 million His political action committee (PAC), In America PAC, which he used to support Trump's campaign. He was also seen with him in a rally of Butler, Pennsylvaniaand held townhalls across the state to drum up support for the former president. Musk also used his own celebrity and the social media platform X, which he owns, to amplify the Trump campaign's talking points and encourage followers to vote for Trump. A report by the Center for Countering Digital Hate (CCDH) found that Musk's political posts on Facebook between the time he endorsed Trump and the end of October Got 17.1 billion views,

In his Tuesday statement, the president-elect said Musk and Ramaswamy will conclude their work in the new department “no later than July 4, 2026.”

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