Elon Musk and Vivek Ramaswamy to Lead Donald Trump’s DOGE

 
Ritu Lavania
Written By 
Ritu Lavania
November 13, 2024

US President-elect Donald Trump has announced that Elon Musk and Vivek Ramaswamy will tly lead the U.S. Department of Government Efficiency (DOGE).

In a statement, Donald Trump said, “I am pleased to announce that the great Elon Musk, working in conjunction with American patriot Vivek Ramaswamy, will lead the Department of Government Efficiency (DOGE). Together, these two wonderful Americans will pave the way for my istration to dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure federal agencies—essential to the ‘Save America’ movement.”

Calling this initiative a “Manhattan Project of our time,” Trump added that Republicans have long dreamed of DOGE. The Department of Government Efficiency will offer advice and guidance from outside government and work with the White House and the Office of Management and Budget to promote large-scale structural reforms and create an “unprecedented entrepreneurial government.”

DOGE also aims to eliminate massive waste and fraud in the country’s $6.5 trillion annual government spending.

Trump concluded by saying that Elon Musk and Vivek Ramaswamy’s work will be completed no later than July 4, 2026, resulting in a smaller, more efficient, and less bureaucratic government, which he described as “the perfect gift to America on the 250th anniversary of the Declaration of Independence.”

Following this announcement, Dogecoin ($DOGE) jumped by 11.92% to $0.4045. $DOGE’s 24-hour volume rose by 93.58% to $39.83 billion, and the memecoin’s market cap surged by 12.10% to $59.31 billion.

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Ritu Lavania
Written by Ritu Lavania

Ritu Lavania is a versatile Web3 content creator with over three years of experience in the crypto space. She is part of the team at CryptoNewsZ, where she writes insightful and engaging content. She has also contributed to TheCryptoTimes and The Coin Edition, where her work has been well received by the crypto community. Skilled in research, creative writing, SEO, and cross-functional collaboration, she creates content tailored to diverse audiences. ionate about education, she dedicates time to teaching kids and expressing herself through poetry. Always eager to learn, she continuously explores new trends in blockchain and digital assets. She believes in the power of storytelling to make complex crypto topics more accessible and engaging for readers worldwide.