President-elect Donald Trump announced Tuesday that Elon Musk and Vivek Ramaswamy will lead his administration's new Department of Government Efficiency, or DOGE, to end "government waste" and "slash excess regulations.

President-elect Donald Trump announced Tuesday that he will appoint billionaire Elon Musk and former GOP presidential candidate Vivek Ramaswamy to a new government entity nicknamed “DOGE.”“Together, these two wonderful Americans will pave the way for my Administration to dismantle Government Bureaucracy,

Former Republican presidential candidate Vivek Ramaswamy will co-lead the newly created department that Trump indicated will operate outside the confines of government.