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Trump says Musk and Ramaswamy will lead government efficiency group - TL;DR CNBC

Trump says Musk and Ramaswamy will lead government efficiency group

Publishing timestamp: 2024-11-12 20:30:14


Summary

President-elect Donald Trump announced that Elon Musk and Vivek Ramaswamy will lead the Department of Government Efficiency (DOGE) to streamline government operations. The group aims to cut wasteful expenditures and restructure federal agencies, but it has not been formed or funded by Congress yet. Musk's involvement was previously promised by Trump, who also announced other appointments including Fox News host Pete Hegseth as his pick for defense secretary.


Sentiment: MIXED

Tickers: TSLA, 

Keywords: autos,  tesla inc,  breaking news: politics,  venture capital,  technology,  politics,  donald trump,  elon musk,  business news, 

Source: https://www.cnbc.com/2024/11/12/trump-says-musk-and-ramaswamy-will-lead-government-efficiency-group.html


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