Billionaire Elon Musk and businessman Vivek Ramaswami will head the new Department of Government Efficiency (DOGE), according to a statement from Donald Trump, winner of the US presidential election, published on Wednesday.
“I am pleased to announce that the great Elon Musk, in collaboration with American patriot Vivek Ramaswamy, will lead the Department of Government Effectiveness (DOGE). “Together, these two great Americans will pave the way for my administration to dismantle government bureaucracy, eliminate redundant regulations, reduce wasteful spending, and restructure federal agencies.” – says the statement.
“This will shock the system and everyone involved in the waste of public funds, and that is a lot of people!” – Trump wrote.
He also compared the new department to the Manhattan Project, within which the atomic bomb was created in the United States.
The name of the new department refers to Dogecoin (DOGE), a cryptocurrency of which Musk is a supporter. It is named after the Internet meme Doge, which represents a Shiba Inu dog.