President-elect Donald Trump announced Elon Musk as the head of the newly formed Department of Government Efficiency with the abbreviation DOGE, with the mission of streamlining federal operations. Musk entrepreneur and Trump ally Vivek Ramaswamy, will work to reduce government size and costs, aiming to complete their goals by July 4, 2026. Details on DOGE’s size and specific objectives remain unclear. In a quote, Trump emphasized an intent to liberate the economy and increase government accountability.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02President-elect Donald Trump denounced Elon Musk as the head of the newly formed Department
00:06of Government Efficiency, with the abbreviation DOGE, with the mission of streamlining federal
00:11operations. Musk's entrepreneur and Trump ally, Vivek Ramaswamy, will work to reduce government
00:16size and costs, aiming to complete their goals by July 4th, 2026. Detail on DOGE's size and
00:23specific objectives remain unclear. In a quote, Trump emphasized an intent to liberate the economy
00:29and increase government accountability. For all things money, visit Benzinga.com
00:34slash GSTV.