Trump Selects Musk and Ramaswamy for Cost-Cutting Initiative in Upcoming Administration

Tue Jul 01 2025 00:44:58 GMT+0300 (Eastern European Summer Time)
Trump Selects Musk and Ramaswamy for Cost-Cutting Initiative in Upcoming Administration

President-elect Donald Trump appoints Elon Musk and Vivek Ramaswamy to lead new efficiency project, as he aims to streamline government operations.


The transition team of President-elect Donald Trump has announced the appointment of tech mogul Elon Musk and biotech investor Vivek Ramaswamy to a new initiative aimed at reducing government spending and enhancing efficiency.


In an ambitious move to address government expenditures, President-elect Donald Trump has chosen tech billionaire Elon Musk and investor Vivek Ramaswamy to spearhead a new initiative aimed at cutting costs within the federal government. This initiative, dubbed the "Department of Government Efficiency" (Doge), will operate in an advisory capacity and is designed to dismantle bureaucratic inefficiencies as Trump prepares to assume office next year.

Musk, known for his outspoken views on federal spending and overregulation, has publicly called for substantial cuts to government spending, advocating for reductions as high as $2 trillion. Ramaswamy, who previously ran as a Republican presidential candidate, has echoed similar sentiments, promoting the elimination of numerous federal agencies, including the Department of Education and the FBI. Despite the contemporary reference to Dogecoin—Musk's cryptocurrency preference—the proposed initiative will not function as an official government department requiring congressional approval, thus sidestepping conventional bureaucratic restrictions.

Trump envisions the initiative as vital for combating what he describes as "massive waste and fraud" in an annual budget exceeding $6.5 trillion. He has drawn comparisons between this effort and historic projects such as the Manhattan Project, aiming for significant outcomes by July 4, 2026. The two leaders are expected to collaborate closely with the White House and the Office of Management and Budget to redefine government spending and procedures.

While skepticism remains regarding the efficacy of such a non-official body, Musk has already indicated the potential for "shockwaves" throughout the government system, urging for a revolution in bureaucratic practices. Following the announcement, Musk reaffirmed his commitment to this cause on social platforms, emphasizing the need to confront bureaucratic practices rather than perceived threats to democracy.

In addition to the duo, Trump has announced several other appointments, including Fox News commentator Pete Hegseth as Secretary of Defense and John Ratcliffe to lead the CIA. As Trump solidifies his cabinet, observers are closely monitoring the implications of these choices and their impact on the future governance and direction of the United States.

MORE ON THEME

Mon, 30 Jun 2025 04:30:55 GMT

Trump Hints at Potential Buyer for TikTok Amid Ongoing National Security Concerns

Mon, 30 Jun 2025 04:30:55 GMT
Mon, 30 Jun 2025 00:07:19 GMT

Health Coverage at Risk: 12 Million Americans Could Be Affected by Trump’s Budget Proposal

Mon, 30 Jun 2025 00:07:19 GMT
Sun, 29 Jun 2025 19:29:39 GMT

Trump Claims to Have Wealthy Buyers for TikTok Amid Continued Controversy

Sun, 29 Jun 2025 19:29:39 GMT
Sun, 29 Jun 2025 18:56:28 GMT

Senate Republicans Make Strides with Trump's Budget Bill Despite Internal Divisions

Sun, 29 Jun 2025 18:56:28 GMT
Sun, 29 Jun 2025 07:02:39 GMT

Netanyahu's Political Gamble Amid Iran Conflict: Trust Issues Remain for Israelis

Sun, 29 Jun 2025 07:02:39 GMT
Sun, 29 Jun 2025 05:24:18 GMT

Senate Republicans Progress Trump’s Budget Bill Amidst Party Divisions

Sun, 29 Jun 2025 05:24:18 GMT
Sat, 28 Jun 2025 13:54:13 GMT

**Netanyahu's Victory Over Iran: A Trust Deficit Among Israelis Emerges**

Sat, 28 Jun 2025 13:54:13 GMT
Fri, 27 Jun 2025 22:22:46 GMT

Jeff Bezos and Lauren Sánchez Celebrate Lavish Wedding in Venice

Fri, 27 Jun 2025 22:22:46 GMT
Fri, 27 Jun 2025 21:44:08 GMT

**Supreme Court Decision Enhances Presidential Authority Amid Controversial Policies**

Fri, 27 Jun 2025 21:44:08 GMT
Fri, 27 Jun 2025 11:22:04 GMT

**Supreme Court to Rule on Nationwide Injunctions in Birthright Citizenship Case**

Fri, 27 Jun 2025 11:22:04 GMT
Tue, 24 Jun 2025 21:47:26 GMT

Pentagon Report Disputes Claims of Total Destruction of Iran's Nuclear Capabilities

Tue, 24 Jun 2025 21:47:26 GMT
Tue, 24 Jun 2025 13:33:48 GMT

Germany's Commitment to European Defense Strengthens Amidst Tensions at NATO Summit

Tue, 24 Jun 2025 13:33:48 GMT
Tue, 24 Jun 2025 12:13:34 GMT

Uncertain Ceasefire: Trump’s High-Stakes Diplomacy with Iran and Israel

Tue, 24 Jun 2025 12:13:34 GMT
Tue, 24 Jun 2025 12:11:00 GMT

Iran's Missile Strike on US Base in Qatar: Escalating Tensions in the Middle East

Tue, 24 Jun 2025 12:11:00 GMT
Tue, 24 Jun 2025 05:46:27 GMT

**NATO Summit: A Pivotal Moment in Global Security Dynamics**

Tue, 24 Jun 2025 05:46:27 GMT
Tue, 24 Jun 2025 05:26:15 GMT

Trump’s Strategic Gambit: Iran and Israel Agree to Ceasefire Amid Tensions

Tue, 24 Jun 2025 05:26:15 GMT
Mon, 23 Jun 2025 14:32:33 GMT

**Significance of the NATO Summit Amid Rising Global Tensions**

Mon, 23 Jun 2025 14:32:33 GMT
Sun, 22 Jun 2025 23:15:30 GMT

**US Bombs Iranian Nuclear Facilities: A Game Changer in Middle Eastern Tensions**

Sun, 22 Jun 2025 23:15:30 GMT
Sun, 22 Jun 2025 03:29:54 GMT

Economic Concerns Loom Over Russia Amidst Ongoing Conflict

Sun, 22 Jun 2025 03:29:54 GMT
Sun, 22 Jun 2025 02:24:20 GMT

US Airstrikes Target Iranian Nuclear Sites, Escalating Tensions in Region

Sun, 22 Jun 2025 02:24:20 GMT

Follow us

© 2024 SwissX REDD UK ltd. All Rights Reserved.