Donald Trump announced Tuesday the appointment of billionaire entrepreneur Elon Musk and former Republican presidential candidate Vivek Ramaswamy to head a new Department of Government Efficiency.
The initiative, which Trump envisions operating largely outside traditional government channels, aims to reduce bureaucracy, streamline federal agencies, and foster an entrepreneurial approach to governance.
In a statement, Trump underscored the critical role Musk and Ramaswamy would play in restructuring government operations. “Elon Musk and Vivek Ramaswamy will pave the way for my administration to dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure federal agencies,” Trump stated, calling these steps essential to his administration’s “Save America” movement.
The new Department of Government Efficiency will work closely with the White House and the Office of Management and Budget (OMB), though Trump indicated that Musk and Ramaswamy would provide guidance from outside official government roles. “They will partner with the White House and OMB to drive large-scale structural reform, creating an entrepreneurial approach to government never seen before,” Trump said.
The initiative has a defined timeline, with Trump specifying that Musk and Ramaswamy’s work would conclude by July 4, 2026, marking the 250th anniversary of the Declaration of Independence. This symbolic deadline underscores Trump’s commitment to introducing visible change within a tight timeframe.
Elon Musk, who is expected to lend both his technological expertise and business acumen to the project, expressed enthusiasm for the role in a statement of his own. “This new agency will send shockwaves through the system, and anyone involved in government waste, which is a lot of people!” Musk said, promising rigorous efforts to challenge inefficiencies that he suggests are deeply embedded within federal agencies.
Ramaswamy, a former biotech entrepreneur and vocal advocate for streamlined governance, is expected to bring a similar entrepreneurial vision to the project. Known for his focus on “America First” policies, Ramaswamy has previously championed smaller government and is anticipated to target systemic inefficiencies within federal operations.
Trump’s selection of Musk and Ramaswamy reflects a broader trend of enlisting prominent private-sector figures in efforts to reform government processes. Musk’s significant financial support for Trump’s campaign and his history of taking on large-scale projects were likely factors in his appointment.
With the clock ticking toward 2026, Musk and Ramaswamy’s Department of Government Efficiency represents a bold experiment in government restructuring, aiming to deliver results at the intersection of private innovation and public administration. The initiative is set to unfold over the next year, as Trump’s administration crafts strategies to tackle the long-standing complexities of federal bureaucracy.