He announced that Vivek Ramaswamy, a biotech investor, will work with the SpaceX and Tesla founder on the project to “dismantle” bureaucracy. The pair will provide external advice and work with the White House to “drive large scale structural reform ...

Trump made the announcement on social media, fulfilling a promise during the campaign to give Musk sweeping oversight of federal spending.

President-elect Donald Trump assigned Elon Musk on Tuesday to "dismantle" the U.S. bureaucracy, and named a longtime Fox News host, Pete Hegseth, to lead the Pentagon. Musk, the billionaire CEO of SpaceX and Tesla,

Trump in a statement said the two will work to "dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies."

Trump appoints Elon Musk and Vivek Ramaswamy to lead the Department of Government Efficiency, aiming to cut bureaucracy and waste in federal agencies.

Donald Trump rewarded campaign loyalists in his latest picks for the new administration. The president-elect announced that Elon Musk will helm a "Department of Government Efficiency."

The move comes after Musk became one of Trump's staunchest supporters, and biggest financial backers, during the last stage of his presidential campaign

U.S. President-elect Donald Trump on Tuesday named Elon Musk to a role aimed at creating a more efficient government, handing even more influence to the world's richest man who donated millions of dollars to helping Trump get elected.