Both Elon Musk and former Republican candidate Vivek Ramaswamy will lead the newly created Department of Government Efficiency.

Donald Trump has tasked Elon Musk with setting up a panel to streamline the U.S. government. Although the president-elect has said little about how this group would operate, Musk has previously set an ambitious goal of cutting $2 trillion of spending.

As promised, Donald Trump has given Elon Musk a job in (or at least adjacent to) his second administration, in a brand-new extragovernmental organization named for a meme turned cryptocurrency: the Department of Government Efficiency,

Elon Musk and Vivek Ramaswamy are tasked with dismantling government bureaucracy in the new Department of Government Efficiency.

Headed by Elon Musk and Vivek Ramaswamy, the body announced by Trump would operate outside government and provide advice to the White House on cutting spending.

Trump has given two entrepreneurs a mission to make the government more efficient. It's unclear how Elon Musk and Vivek Ramaswamy would accomplish that.

It ascended under Musk, who adopted Silicon Valley’s “Move fast and break things” philosophy and displayed a willingness to blow up rockets until he got the recipe just right. The approach suggests that,