Donald Trump taps Elon Musk, Vivek Ramaswamy for new Department of Government Efficiency (DOGE) initiative
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US President-elect Donald Trump has appointed two prominent crypto supporters—tech mogul Elon Musk and former Republican presidential candidate Vivek Ramaswamy—to lead a new initiative, the Department of Government Efficiency (DOGE).
On Nov. 13, Trump announced on his Truth Social platform that he aims to eliminate government inefficiencies, slash excess regulations, and streamline federal spending through DOGE. The Republican likened DOGE’s mission to the World War II-era Manhattan Project, describing it as a core part of his “Save America” campaign.
DOGEDOGE’s primary goal is to significantly reduce the “waste and fraud” in the US government’s $6.5 trillion annual budget. The department is expected to operate independently. However, it will extensively collaborate with the White House and the Office of Management and Budget to guide structural reforms.
Trump expressed confidence in the impact of this initiative, envisioning “a smaller, more efficient government with reduced bureaucracy” by July 4, 2026. Interestingly, this date coincides with the 250th anniversary of the US Declaration of Independence.
Musk and Ramaswamy—both staunch Trump supporters—bring a unique perspective to the initiative. Musk publicly backed Trump’s campaign, appearing at rallies, while Ramaswamy endorsed Trump after exiting the presidential race. Both have been strong advocates for crypto, underscoring their forward-thinking approach to government reform.
Public involvementIn a Nov. 13 statement on X, Musk committed to transparent operations, promising that DOGE will post all updates online to allow public feedback.
