Trump names Musk to lead new Department of Government Efficiency

U.S. president-elect also appoints Vivek Ramaswamy to co-head new unit

20241113 Musk

Billionaire Elon Musk speaks during a rally for Donald Trump in Pennsylvania on Oct. 5. © Reuters

WASHINGTON (Reuters) -- U.S. President-elect Donald Trump said on Tuesday Elon Musk and former Republican presidential candidate Vivek Ramaswamy will lead the newly created Department of Government Efficiency.

Musk and Ramaswamy "will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies," Trump said in a statement.

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