Trump appoints Musk, Ramaswamy to lead Department of Government Efficiency

President-elect Donald Trump on Tuesday announced that Tesla founder Elon Musk and businessman Vivek Ramaswamy will lead a new Department of Government Efficiency, a White House office given the task of cutting the federal budget.

In a statement, Mr. Trump said the two business leaders will work to “dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures and restructure federal agencies.”

The Department of Government Efficiency will operate outside of traditional government channels, but will partner closely with the White House and the Office of Management and Budget by taking an entrepreneurial approach, Mr. Trump said.