Elon Musk to lead Trump's government efficiency commission

Former U.S. President Donald Trump has revealed plans to establish a government efficiency commission, led by Tesla and SpaceX CEO Elon Musk, if he is re-elected.

The proposed commission, referred to as the Department of Government Efficiency (D.O.G.E.), would perform a comprehensive financial and performance audit of the entire federal government and suggest significant reforms.

Trump announced this initiative during a speech at the Economic Club of New York, stating that the idea came from Musk.

He added that the Tesla CEO has provided his full endorsement and agreed to lead the task force.

Musk, who has been advocating for such a commission on X (formerly Twitter), expressed his concerns about government overspending and inefficiency.

He believes that creating the Department of Government Efficiency would bring about much-needed changes, saying, “The Department of Government Efficiency will be epic.”

Musk's involvement in this initiative has generated excitement among Dogecoin supporters, as he is often called the “Dogefather” due to his frequent support for the cryptocurrency.

The acronym D.O.G.E. has drawn particular interest within this community.

Musk has emphasised the need for a critical review of government spending, pointing out that current levels of expenditure could lead the country toward financial ruin.

He highlighted that unchecked government spending is a primary driver of inflation.

Additionally, Musk suggested that if any government department has strong public backing, there should be an opportunity for those voices to be heard.

Trump's advisers explained that the commission aims to streamline government operations and save taxpayer money.

This initiative aligns with Trump’s broader economic plans, which include tax cuts, increasing tariffs, and repealing the Inflation Reduction Act.

One of the commission's immediate priorities would be to address fraud and improper payments within the first six months of its formation.