Elon Musk jumps on the stage as Donald Trump speaks at a campaign rally at the Butler Farm Show, Saturday, Oct. 5, 2024, in Butler, Pa.Photo by Evan Vucci/THE ASSOCIATED PRESS

Donald Trump says Elon Musk will lead new 'Department of Government Efficiency' with Vivek Ramaswamy

The acronym 'DOGE' is a nod to the cryptocurrency dogecoin. Musk and Ramaswamy will work from outside the government to offer 'advice and guidance'

by · National Post

President-elect Donald Trump on Tuesday said Elon Musk and former GOP presidential candidate Vivek Ramaswamy will lead a new “Department of Government Efficiency” – which is not, despite the name, a government agency.

The acronym “DOGE” is a nod to Musk’s favourite cryptocurrency, dogecoin. Trump said in a statement that Musk and Ramaswamy will work from outside the government to offer the White House “advice and guidance” and will partner with the Office of Management and Budget to “drive large scale structural reform, and create an entrepreneurial approach to Government never seen before.” He added that the move would shock government systems.