USA Trump appoints Elon Musk to reduce government spending

SDA

13.11.2024 - 02:09

More on the topic shortly. Photo: Keystone/sda/dpa
More on the topic shortly. Photo: Keystone/sda/dpa
Keystone

Elon Musk is appointed by Donald Trump to reduce government spending.

Keystone-SDA

US President-elect Donald Trump has announced that tech billionaire Elon Musk will take on a key role in his administration. Musk is to focus on reducing government spending.

Together with Vivek Ramaswamy, a former Republican presidential candidate, Musk will head a newly created agency. This institution will be set up specifically to improve the efficiency of government spending and identify savings.

New authority to control spending

Trump's team announced that the two leaders will use their expertise to develop innovative approaches to cutting costs. This measure is part of Trump's broader strategy to increase the government's economic efficiency.