13 sources·Politics

Elon Musk and Vivek Ramaswamy Lead Trump's New Government Efficiency Initiative

President-elect Trump appoints Elon Musk and Vivek Ramaswamy to head the Department of Government Efficiency aimed at cutting federal bureaucracy and regulations.

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Updated: Nov 13th, 2024, 12:29 PM ET

Summary

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President-elect Donald Trump announces the creation of the Department of Government Efficiency, led by Elon Musk and Vivek Ramaswamy, focusing on dismantling bureaucracy and slashing regulations. Musk’s past business practices suggest a hands-on approach to efficiency, but critics warn of serious conflicts of interest given his business ties. The initiative echoes Musk's own frustrations with government regulations affecting his companies, and aims to showcase government waste and inefficiency. This move, leveraging Musk's influence, reflects a broader agenda for a deregulated environment impacting various sectors, including technology and social programs.

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