US President-Elect Donald Trump has nominated Elon Musk, CEO of Tesla and SpaceX, to run the Department of Government Efficiency (DOGE).
Musk, the founder of X, the microblogging network previously known as Twitter, was a vocal backer of Trump during the campaign running up to the November 5 presidential election.
The former president defeated Vice President Kamala Harris, receiving more than 270 electoral college votes required to win the election.
According to a statement released on Tuesday, Musk will co-run DOGE with lawmaker and entrepreneur Vivek Ramaswamy.
It said the duo:
“will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies Essential to the ‘Save America’ Movement’.
“I look forward to Elon and Vivek making changes to the Federal Bureaucracy with an eye on efficiency and, at the same time, making life better for all Americans,” the statement quoted the president-elect as saying.
“Importantly, we will drive out the massive waste and fraud which exists throughout our annual $6.5 Trillion Dollars of Government Spending.”
Trump will take office for a second and final term on January 25, 2025.