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

President-elect Donald Trump says Elon Musk and former GOP presidential candidate Vivek Ramaswamy will lead a new “Department of Government Efficiency.”

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

President-elect Donald Trump named tech billionaire Elon Musk and conservative activist Vivek Ramaswamy on Tuesday to head up a new Department of Government Efficiency, fulfilling a campaign pledge to give Musk sweeping oversight of government spending.

Vivek Ramaswamy, a biotech investor, will work with the SpaceX founder to "drive large scale structural reform", Trump said.

U.S. President-elect Donald Trump on Tuesday named Elon Musk and former Republican presidential candidate Vivek Ramaswamy to lead a newly created Department of Government Efficiency, rewarding two of Trump's well known supporters from the private sector.

The acronym “DOGE” is a nod to Musk's favorite cryptocurrency, dogecoin. The post Trump says Elon Musk, Vivek Ramaswamy will form outside group to advise White House on government efficiency appeared first on Boston.