Trump appoints Musk and Ramaswamy to revolutionise US public spending
President Trump appoints Elon Musk and Vivek Ramaswamy to lead a new Department of Government Efficiency to cut waste and restructure federal agencies. Their work is to be completed by 2026, the 250th anniversary of the signing of the Declaration of Independence. And the new department is named after Musk's favourite bitcoin company
from our correspondent in New York Luca Veronese
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2' min read
2' min read
'Together, these two wonderful Americans will launch a new Manhattan Project'. Donald Trump did not hold back in announcing the appointment of Elon Musk, in partnership with Vivek Ramaswamy, to head the new Department of Government Efficiency. The president-elect went so far as to evoke the Manhattan Project, the secret initiative to develop the atomic bomb in World War II.
"The great Musk and the patriot Ramaswamy," Trump explained, "will pave the way for my administration to dismantle government bureaucracy, cut excessive regulations, slash unnecessary spending, and restructure federal agencies essential to the Save America movement."
Atomic bomb on waste
The effect - in the president-elect's intentions - will be that of an atomic bomb on waste that will help his government action: the two will be in charge of a structure that will not be directly part of the government, but will act with full powers in collaboration with the Treasury Department and the US budget managers. 'It will be an external group,' Trump said, 'that will offer the White House advice and guidance on how to drive large-scale structural reforms and create an entrepreneurial approach to government that has never been seen before.
Trump also explained that Musk and Ramaswamy's work must be completed by July 4, 2026: "A smaller, more efficient government will be," he said, "the gift to our country on the 250th anniversary of the signing of the Declaration of Independence.
The nominations reward two loyal Trump supporters who come from private industry, two entrepreneurs considered 'visionary and organic' by the Trumpian populist right.
