• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Elon Musk, Vivek Ramaswamy to lead Trump’s Department of Government Efficiency

by November 13, 2024
written by November 13, 2024

President-elect Trump announced that billionaire Elon Musk and former GOP presidential candidate Vivek Ramaswamy will lead the Department of Government Efficiency.

Trump said that the pair will work together to ‘dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.’

‘It will become, potentially, ‘The Manhattan Project’ of our time,’ the announcement on Tuesday evening said. ‘Republican politicians have dreamed about the objectives of ‘DOGE’ for a very long time.’

The president-elect said that Musk and Ramaswamy will provide ‘advice and guidance from outside of Government, and will partner with the White House and Office of Management & Budget to drive large scale structural reform, and create an entrepreneurial approach to Government never seen before.’

Trump said that the agency will be focused on creating a more efficient U.S. government that looks to make ‘life better for all Americans.’

‘Importantly, we will drive out the massive waste and fraud which exists throughout our annual $6.5 Trillion Dollars of Government Spending. They will work together to liberate our Economy, and make the U.S. Government accountable to ‘WE THE PEOPLE.” Trump said. 

‘Their work will conclude no later than July 4, 2026 – 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. I am confident they will succeed!’

In a X post, Ramaswamy reacted to his appointment.

‘We will not go gently, Elon Musk,’ he wrote in the post.

Ramaswamy has been a vocal supporter of Trump after he suspended his presidential campaign in Jan. 24.

Similarly, Musk has been a key component to Trump’s campaign – with the tech entrepreneur crisscrossing key battleground states leading up to the 2024 election.

In response to his position in Trump’s White House, Musk wrote: ‘Threat to democracy? Nope, threat to BUREAUCRACY!!!’

The world’s richest man, who said he voted for former Democratic presidential candidates including President Biden in the past, endorsed Trump this summer following the first assassination attempt on the 45th president on July 13. 

The slew of Trump Cabinet positions came quickly after the president-elect’s landslide victory against Vice President Kamala Harris.

Trump has selected top Republicans, with the president-elect expected to select Florida Sen. Marco Rubio to serve as his Secretary of State and South Dakota Gov. Kristi Noem as secretary of Homeland Security. 

In addition, Rep. Elise Stefanik, R-N.Y., has been tapped for United Nations ambassador and former Arkansas Gov. Mike Huckabee as ambassador to Israel.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump picks former intel director John Ratcliffe to head the CIA
next post
Trump selects South Dakota Gov Kristi Noem to run Department of Homeland Security

related articles

DAVID MARCUS: Trump is flunking his MAGA base’s...

July 12, 2025

Inside longtime Biden aide’s marathon closed-door grilling in...

July 12, 2025

David Gergen, trusted White House advisor to 4...

July 11, 2025

Who is Ashley Williams, the longtime Biden aide...

July 11, 2025

Jasmine Crockett rips Trump ‘regime,’ vows ‘solidarity’ with...

July 11, 2025

JONATHAN TURLEY: Justice Jackson plays pundit to dismay...

July 11, 2025

‘Nothing to stand on’: Ex-White House physician slams...

July 11, 2025

State Department to axe 1,800 employees

July 11, 2025

Biden cover-up probe heats up as another ex-White...

July 11, 2025

State Department to begin mass layoffs of about...

July 11, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • S&P 500, Nasdaq close at all-time highs ahead of inflation data and second-quarter earnings reports

    July 10, 2024
  • Biden admin held private talks with Beijing on Chinese spy balloon ahead of notifying public, officials say

    April 9, 2025
  • MIKE POMPEO: New Orleans terror a reminder Team Biden took wrong ‘threats’ seriously and ignored real dangers

    January 4, 2025
  • Federal judge orders Trump admin to restore public health web pages

    February 11, 2025
  • Taiwan official warns China, Russia, Iran forming ‘alliance’ after Blinken says ‘no axis’ exists

    October 4, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,320)
  • Investing (634)
  • Stock (841)

Latest Posts

  • Harris campaign says she will not push ‘Medicare-for-all’ plan despite previous support

    August 14, 2024
  • Trump selects South Dakota Gov Kristi Noem to run Department of Homeland Security

    November 13, 2024
  • Biden issues sweeping offshore oil, gas drilling ban in 625M acres of federal waters ahead of Trump transition

    January 6, 2025

Recent Posts

  • Trump judge still awaiting Manhattan DA’s sentencing recommendation

    November 19, 2024
  • Conservatives rally around ‘rock star’ Leavitt after first White House briefing: ‘Competence is back’

    January 28, 2025
  • Biden says selecting Harris as running mate was ‘best decision I made’ after VP’s concession speech

    November 7, 2024

Editor’s Pick

  • Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO

    November 1, 2024
  • Top DOJ official faces test in Senate over nomination to become federal judge

    June 25, 2025
  • Supreme Court to allow Biden admin power plant climate standards to remain in place – for now

    October 17, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock