34 sources·Politics

Trump Appoints Musk and Ramaswamy to Lead Government Efficiency Department Amid Ethical Concerns

President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to co-chair the new Department of Government Efficiency, aiming to reduce federal spending by $2 trillion.

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Updated: Nov 15th, 2024, 6:54 PM ET

Summary

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President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to co-chair a new advisory body, the Department of Government Efficiency (DOGE). This initiative seeks to cut federal spending by up to $2 trillion by evaluating and streamlining government agencies. However, concerns arise over potential conflicts of interest due to Musk's extensive government contracts and his close ties with Trump. Experts question the efficacy of DOGE without congressional authority and worry that the duo's reform goals may favor their own businesses. The commission lacks direct influence over federal budget decisions, placing its achievements in doubt.

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