President-elect Donald Trump has appointed Tesla and SpaceX CEO Elon Musk and entrepreneur Vivek Ramaswamy to lead the newly-created Department of Government Efficiency. This agency will work to reduce government bureaucracy, eliminate unnecessary regulations, cut wasteful spending, and restructure federal agencies, aligning with Trump’s “Save America” agenda. Musk, who played a prominent role in Trump’s reelection campaign, expressed that the department would address government waste extensively. Ramaswamy, a former primary opponent who endorsed Trump, will join Musk in providing "outside" guidance. They’ll collaborate with the White House and Office of Management & Budget to implement entrepreneurial government reforms.
first published: Nov 13, 2024 01:19 pm
A collection of the most-viewed Moneycontrol videos.
You are already a Moneycontrol Pro user.

