These two wonderful Americans will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” said Donald Trump in a statement.

President-elect Donald Trump announced that billionaire Elon Musk and entrepreneur Vivek Ramaswamy will lead a new “Department of Government Efficiency,” despite the fact that government agencies can only be created by an act of Congress.