The richest man on the planet, Elon Muskwill be the head of the ‘Department of Government Efficiency’ (a newly created ministry) along with Republican businessman Vivek Ramaswamy. Donald Trump announced it. “Together, these two great Americans will lead the way for my administration to dismantle government bureaucracy, cut excessive regulations, cut wasteful spending and restructure federal agencies,” the president-elect said in a statement, assuring that these two allies in the his campaign will “send shockwaves through the system.”
In announcing the appointment of Musk and Ramaswamy to lead the brand-new Department of Government Efficiency (DOGE), Trump said the structure “will provide advice and direction from outside the government and will collaborate with the White House and the Office of management and budgeting to push for large-scale structural reforms and create a business approach to government never seen before.” The work of this office is expected to be completed no later than July 4, 2026, coinciding with the 250th anniversary of the founding of the United States. While Musk’s appointment as head of this office was in the air, the announcement of Ramaswamy, a former candidate for the Republican nomination in this election, to share the leadership of this office, came as a surprise.
