https://arstechnica.com/tech-policy/2024/11/trump-says-elon-musk-will-lead-doge-a-new-department-of-government-efficiency/ [arstechnica.com]
President-elect Donald Trump today announced [truthsocial.com] that a new Department of Government Efficiency—or "DOGE"—will be led by Elon Musk and former Republican presidential candidate Vivek Ramaswamy.
[...]
DOGE apparently will not be an official federal agency, as Trump said it will provide advice "from outside" of government. But Musk, who has frequently criticized government subsidies [cnbc.com] despite seeking public money [arstechnica.com] and obtaining various subsidies for his own companies [latimes.com], will apparently have significant influence over spending in the Trump administration.
[...]
Trump's statement said the department, whose name is a reference to the Doge meme, "will drive out the massive waste and fraud which exists throughout our annual $6.5 Trillion Dollars of Government Spending." Trump said DOGE will "liberate our Economy" and that its "work will conclude no later than July 4, 2026" because "a smaller Government, with more efficiency and less bureaucracy, will be the perfect gift to America on the 250th Anniversary of The Declaration of Independence."
[...]
The Wall Street Journal wrote today [wsj.com] that "Musk isn't expected to become an official government employee, meaning he likely wouldn't be required to divest from his business empire."
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