Former President Donald Trump announced plans to appoint Elon Musk as the 'Secretary of Cost Cutting' in a potential future administration. Trump emphasized that working with Musk could lead to significant reductions in government waste, stating, 'WORKING WITH @ELONMUSK, WE WILL SLASH A RECORD AMOUNT OF GOVERNMENT WASTE!' Musk's involvement is seen as a way to streamline government operations, with Trump asserting Musk's commitment to ambitious goals, including a promise to reach Mars during Trump's administration. The discussions around this new position suggest a focus on reducing government expenditures and improving efficiency within federal agencies.