U.S. President-elect Donald Trump on Tuesday named Elon Musk to a role aimed at creating a more efficient government, handing even more influence to the world's richest man who donated millions of dollars to helping Trump get elected.
Reuters reports Musk and former Republican presidential candidate Vivek Ramaswamy will co-lead a newly created Department of Government Efficiency, an entity Trump indicated will operate outside the confines of government.
Trump said the new department will realize long-held Republican dreams and "provide advice and guidance from outside of government," signaling the Musk and Ramaswamy roles would be informal, without requiring Senate approval and allowing Musk to remain the head of electric car company Tesla social media platform X and rocket company SpaceX.
The new department would work with the White House and Office of Management & Budget to "drive large scale structural reform, and create an entrepreneurial approach" to government never seen before, Trump said.
The work would conclude by July 4, 2026 - the 250th anniversary of the signing of the Declaration of Independence.
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