Trump Appoints First 2 Staff in D.O.G.E
President-elect Donald Trump recently appointed Tesla CEO Elon Musk and entrepreneur Vivek Ramaswamy to lead the new Department of Government Efficiency (D.O.G.E.), a cornerstone of his "Save America" initiative.
In a post on X (formerly known as Twitter), Trump called this agency vital for overhauling federal operations:
The president-elect noted:
“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.”
President Donald J. Trump announces the Department of Government Efficiency (DOGE) — headed by @elonmusk and @VivekGRamaswamy pic.twitter.com/Ya2o45qlV8
— Trump War Room (@TrumpWarRoom) November 13, 2024
D.O.G.E.'s primary goals include dismantling redundant government structures, cutting excess spending, reforming outdated agencies, and tackling waste and fraud within the $6.5 trillion federal budget.
Trump emphasized that the department will operate with an "entrepreneurial approach," advising both the White House and the Office of Management and Budget (OMB) to drive reform from outside traditional government channels.
D.O.G.E.'s mission is to establish a leaner, more accountable government focused on efficiency and innovation.
Musk & Ramaswamy Excited for Post
In a Tuesday evening post on X, Musk announced that all actions taken by D.O.G.E. will be published online to ensure "maximum transparency."
All actions of the Department of Government Efficiency will be posted online for maximum transparency.
Anytime the public thinks we are cutting something important or not cutting something wasteful, just let us know!
We will also have a leaderboard for most insanely dumb… https://t.co/1c0bAlxmY0
— Elon Musk (@elonmusk) November 13, 2024
According to President-elect Trump, the agency's work is expected to conclude by 4 July 2026—a symbolic deadline marking the 250th anniversary of the Declaration of Independence.
Trump stated:
“I look forward to Elon and Vivek making changes to the Federal Bureaucracy with an eye on efficiency and, at the same time, making life better for all Americans.”
Musk, a vocal Dogecoin advocate and major supporter of Trump's recent campaign, previously discussed the creation of this agency and has provided extensive input on staffing decisions for the new administration.
Entrepreneur Vivek Ramaswamy, who endorsed Trump after running against him in the Republican primary, will also play a prominent role within D.O.G.E., and shared his enthusiasm for the appointment on X.
We will not go gently, @elonmusk. 🇺🇸 https://t.co/sbVka2vTiW
— Vivek Ramaswamy (@VivekGRamaswamy) November 13, 2024
Musk also echoed the sentiment.
Threat to democracy?
Nope, threat to BUREAUCRACY!!!
— Elon Musk (@elonmusk) November 13, 2024
Ramaswamy updated on what D.O.G.E will do.
DOGE will soon begin crowdsourcing examples of government waste, fraud, & and abuse. Americans voted for drastic government reform & they deserve to be part of fixing it. https://t.co/iRXmgT6ZuQ
— Vivek Ramaswamy (@VivekGRamaswamy) November 13, 2024
Not Everyone is Happy About the Appointment
Meanwhile, Democratic Senator and known crypto skeptic Elizabeth Warren voiced her reservations about the appointment, sharing a critical remark on X.
The Office of Government Efficiency is off to a great start with split leadership: two people to do the work of one person.
Yeah, this seems REALLY efficient. https://t.co/XXKvrUAPkE
— Elizabeth Warren (@SenWarren) November 13, 2024
Dogecoin the Clear Winner
Dogecoin (DOGE), often influenced by Musk's social media activity, jumped 6% ahead of the announcement before retreating slightly.
Since Trump's 2024 presidential victory, the broader crypto market, including DOGE, has surged with enthusiasm.
On Sunday, DOGE reached a three-year high, climbing 20% to $0.27.
While still below its all-time high of $0.73 from May 2021, DOGE is currently trading at $0.3736—down 9.2% from Tuesday’s peak of $0.43, but still up over 80% on the week, per CoinMarketCap.
