Official announcements or legislative records indicating a major regulatory reform introduced by DOGE

Trump Appoints Musk and Ramaswamy to Lead DOGE, Targeting $2 Trillion in Waste Savings

Dec 16, 2024, 05:14 PM

President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead the newly formed Department of Government Efficiency (DOGE), aiming to identify and eliminate wasteful government spending. With Musk and Ramaswamy at the helm, the initiative seeks to cut hundreds of billions in waste and fraud, potentially saving up to $2 trillion without impacting essential services like Social Security and Medicare. Trump remarked on their progress, stating, 'They are finding things you wouldn't even believe.' The DOGE will also focus on cutting regulations and restructuring federal agencies to improve efficiency. The initiative reflects the incoming administration's focus on reducing waste and improving governmental operations.