The elected U.S. President Donald Trump announced that he will assign Elon Musk, the richest man in the world, and businessman Vivek Ramaswamy the task of leading a newly created department focused on "government efficiency" with the mission of reducing waste.
Trump said in a statement, "These two great Americans will together pave the way for my administration to dismantle government bureaucracy, reduce excessive regulatory procedures, cut wasteful spending, and restructure federal agencies." (...) And this is essential for the "Save America" movement. Trump described this new administration as the "Manhattan Project of our time," referring to the program that built the American atomic bomb during World War II.Musk became a key ally of Trump during the election campaign, and reports indicated that he spent more than $100 million to help the Republican president win. The three wealthy businessmen, Trump, Musk, and Ramaswamy, aim to agree on a $2 trillion reduction in the federal government's budget, which ranges between $6.5 and $7 trillion.
Trump added, "I look forward to Elon and Vivek making changes to the federal bureaucracy, with a vision for efficiency, while also improving the lives of all Americans.
He noted that the ministry "will provide advice and guidance from outside the government," a step that allows Musk to avoid disclosing his wealth. Trump gave the two men a deadline until July 4, 2026, to achieve a "smaller government" for the superpower, which would serve as the "perfect gift for America on the 250th anniversary of the Declaration of Independence" on July 4, 1776.World governments are monitoring Trump's choices in search of indicators of how committed his upcoming administration will be to the promises he made during his election campaign.