President-elect Donald Trump announced Tuesday that Elon Musk and Vivek Ramaswamy will lead his administration's new Department of Government Efficiency, or DOGE, to end "government waste" and "slash excess regulations.

President-elect Donald Trump announced Tuesday he would tap Elon Musk and Vivek Ramaswamy, both successful entrepreneurs, to run the Department of Efficiency — or “DOGE” — a new government agency tasked with making substantial cuts to the federal government.

Elon Musk will have a place in the second Trump administration. The SpaceX founder and CEO will lead the new "Department of Government Efficiency" along with entrepreneur and politician Vivek Ramaswamy, President-elect Donald Trump announced on Tuesday evening (Nov. 12).

The US president-elect said former Republican presidential candidate Vivek Ramaswamy will co-lead the department.

President-elect Donald Trump announced on Tuesday that Elon Musk will co-lead the Department of Government Efficiency, the acronym of which spells out

Campaign mega-donor Elon Musk and former Republican candidate Vivek Ramaswamy will lead the new department, nicknamed “DOGE.”

President-elect Trump has tapped tech entrepreneurs Elon Musk and Vivek Ramaswamy to lead an advisory group focused on cutting federal spending and reducing the size of the government. Trump announced Tuesday that Musk and Ramaswamy would lead his “Department of Government Efficiency” (DOGE),

President-elect Donald Trump announced Tuesday that Elon Musk and Vivek Ramaswamy will lead a new “Department of Government Efficiency” in his second administration.

The move comes after Musk became one of Trump's staunchest supporters, and biggest financial backers, during the last stage of his presidential campaign

Ramaswamy is a suburban Columbus entrepreneur and former presidential candidate who grew up in the Cincinnati area.