Elon Musk and Vivek Ramaswamy to Lead Trump’s New ‘Department of Government Efficiency’

President-elect Donald Trump announced that tech mogul Elon Musk and former presidential candidate Vivek Ramaswamy will lead a new “Department of Government Efficiency” in his upcoming administration. The department, which Trump says will focus on dismantling bureaucracy, reducing regulations, and slashing federal spending, is part of a broader plan to streamline government operations. Musk, often dubbed the "Secretary of Cost-Cutting," and Ramaswamy, known for his strong stance on minimizing government, are expected to present bold proposals for reducing waste and inefficiency, aiming to cut trillions from the federal budget.

While Musk and Ramaswamy’s appointments have generated excitement among Trump supporters, questions remain about potential conflicts of interest and the feasibility of achieving such sweeping cuts. Critics, including former Treasury Secretary Larry Summers, have voiced skepticism, suggesting that meaningful cuts on such a large scale may be mathematically impossible without touching major programs like Social Security and Medicare. Nevertheless, Trump has set an ambitious goal, stating that the department’s work will conclude by July 4, 2026, in honor of America’s 250th Independence Day.