Donald Trump is vowing to reduce wasteful federal spending by tapping two billionaires — Tesla CEO Elon Musk and entrepreneur Vivek Ramaswamy — to spearhead the initiative, which the president-elect is calling the Department of Government Efficiency ...

President-elect Donald Trump made good on one of his campaign promises Tuesday night when he officially appointed billionaire Elon Musk to lead the new “Department of Government Efficiency,” along with entrepreneur Vivek Ramaswamy.

To do that, he’s creating a new agency, called the Department of Government Efficiency.If the name sounds like a meme, it’s because it is. DOGE is the brainchild of billionaire Elon Musk, who came up with the acronym in homage to the mascot for the digital currency Dogecoin,

Trump has given two entrepreneurs a mission to make the government more efficient. It's unclear how Elon Musk and Vivek Ramaswamy would accomplish that.

Musk and Vivek Ramaswamy were appointed by Trump to lead DOGE, which will function as an advisory committee outside of the government.

Musk—the CEO of Tesla and SpaceX, and owner of X (formerly Twitter)—was quoted in Trump's announcement as saying that DOGE "will send shockwaves through the system, and anyone involved in Government waste, which is a lot of people!"

President-elect Donald Trump says Elon Musk and former GOP presidential candidate Vivek Ramaswamy will lead a new “Department of Government Efficiency.”

Donald Trump said that he has tapped Elon Musk, working along with Vivek Ramaswamy, to lead what he calls the Department of Government Efficiency — or DOGE, a nod to cryptocurrency. Musk and Ramaswamy will be tasked with setting the stage for a dismantling of the government bureaucracy,

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