
Elon Musk to head new agency
November 13, 2024
The newly elected President of the United States, Donald Trump, appointed Elon Musk and Vivek Ramaswamy as heads of the newly established government agency — the Department of Government Efficiency (DOGE).
The primary goal of the agency will be to reduce federal spending and decrease the number of regulatory acts.
Purpose of the new organization
According to Trump, DOGE will eliminate government bureaucracy, repeal excessive regulations, reduce wasteful spending, and restructure federal agencies.
Elon Musk's position
Elon Musk noted that the creation of DOGE will send a shockwave through the entire system and among all those involved in government spending, which includes a significant number of people.
Tasks and areas of activity
The newly established agency will provide advice and recommendations from outside the government. It will collaborate with the White House and the Office of Management and Budget to conduct large-scale structural reforms and implement a new entrepreneurial approach to governance.