Musk was tapped by Trump to lead the Department of Government Efficiency

Billionaire entrepreneurs Elon Musk and Vivek Ramaswamy have been appointed by US President Donald Trump to help him “dismantle government bureaucracy, slash excess regulations” and cut wasteful expenditure through the Department of Government Efficiency (DoGE). Musk had said that the federal government’s budget could be slashed by $2 trillion in 2024. Ramaswamy had dropped out of the 2024 presidential race in January.