US President-elect Donald Trump has officially appointed CEO X Elon Musk and Founder of Roivant Sciences Vivek Ramaswamy as Minister of the Department of Government Efficiency (D.O.G.E).

It is known that the department's task is to cut unnecessary state spending. Later, D.O.G.E will operate outside the federal government and will work with the White House Office of Management and Budget to implement its work program.

The reason Trump chose the two richest people in the world is because they have the appropriate experience in leading large companies.

"Musk and Ramaswamy will pave the way for my administration to dismantle government bureaucracy, cut excessive regulations, cut wasteful spending, and restructure federal agencies," Trump said, Wednesday (11/13).

Credit: Crypto Academy

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