CBS News
Trump announced the DOGE in a statement on Tuesday, describing it as an effort to “slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.”
Donald Trump is vowing to reduce wasteful federal spending by tapping two billionaires — Tesla CEO Elon Musk and entrepreneur Vivek Ramaswamy — to spearhead the initiative, which the president-elect is calling the Department of Government Efficiency, or DOGE.