Trump Appoints Tech Billionaire Elon Musk To Head Department of Government Efficiency

US President-elect, Donald Trump has appointed tech billionaire Elon Musk and conservative activist Vivek Ramaswamy to head up a new Department of Government Efficiency. 

Trump said in a statement that the department will help "dismantle Government Bureaucracy" and slash excess regulations.

"Together, these two wonderful Americans will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures and restructure Federal Agencies mdash; Essential to the Save America Movement," Trump wrote in a statement on Tuesday (capitalization his).

"It will become, potentially, 'The Manhattan Project' of our time," Trump added. "Republican politicians have dreamed about the objectives of 'DOGE' for a very long time. To drive this kind of drastic alter, the Department of Government Efficiency will provide advice and guidance from outside of Government, and will partner with the White House and Office of Management & Budget to drive large scale structural reform, and create an entrepreneurial approach to Government never seen before.

According to Trump, Elon Musk and Ramaswamy will wrap up their work no later than July 4, 2026 mdash; the 250th anniversary of the signing of the Declaration of Independence.

Reacting to the appointment, Musk wrote: "All actions of the Department of Government Efficiency will be posted online for maximum transparency. Anytime the public thinks we are cutting something significant or not cutting something wasteful, just let us know! We will also have a leaderboard for most insanely dumb spending of your tax dollars. This will be both extremely tragic and extremely entertaining.

"Either we get government effective or America goes bankrupt. That's what it comes down to. Wish I were wrong, but it’s true," another Tuesday post reads.