Elon Musk and Vivek Ramaswamy lead Trump's Department of Government Efficiency

President-elect Trump announced that billionaire Elon Musk and former GOP presidential candidate Vivek Ramaswamy will lead the Department of Government Efficiency.

Trump said the pair would work together to “cut government bureaucracy, reduce excessive regulations, cut wasteful spending and restructure federal agencies.”

“It may become the 'Manhattan Project' of our time,” the announcement said Tuesday evening. “Republican politicians have dreamed of the goals of ‘DOGE’ for a very long time.”

The president-elect said that Musk and Ramaswamy will “provide advice and guidance from outside government and work with the White House and the Office of Management & Budget to advance large-scale structural reforms and create an entrepreneurial approach to government, as it is has never given it before.” .”

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Trump said the agency would focus on creating a more efficient U.S. government aimed at making “life better for all Americans.”

“Importantly, we eliminate the massive waste and fraud inherent in our $6.5 trillion in annual government spending. They will work together to liberate our economy and hold the U.S. government accountable to 'WE THE PEOPLE.'

“Their work will be completed no later than July 4, 2026. A smaller government with more efficiency and less bureaucracy will be the perfect gift to America on the 250th anniversary of the Declaration of Independence. I am confident they will succeed!”

Republican presidential candidate former President Trump greets Vivek Ramaswamy during a speech during a campaign rally in New Hampshire. (Brandon Bell/Getty Images)

In an X post, Ramaswamy reacted to his appointment.

“We will not go easy, Elon Musk,” he wrote in the post.

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Ramaswamy was a vocal supporter of Trump after he suspended his presidential campaign on January 24.

In a statement to

“And yes, that means I am withdrawing from consideration for the upcoming Senate nomination in Ohio,” he wrote. “Whoever Governor DeWine appoints to the JD position will have big shoes to fill. I will help them as best I can.”

Elon Musk jumps on stage as Republican presidential candidate and former President Trump speaks at a campaign event at the Butler Farm Show on October 5 in Butler, Pennsylvania. (AP Photo/Evan Vucci)

Musk was also a key component in Trump's campaign – the technology entrepreneur traveled across key battleground states in the run-up to the 2024 election.

In response to his position in the Trump White House, Musk wrote: “Threat to democracy? No, threat to the bureaucracy!!!”

The world's richest man, who said he has voted for former Democratic presidential candidates including President Biden in the past, supported Trump this summer after the first assassination attempt on the 45th president on July 13.

Republican presidential candidate former President Trump clenches his fist as he arrives at a campaign rally at Nassau Coliseum on September 18, 2024 in Uniondale, NY (AP Photo/Alex Brandon)

Following the president-elect's landslide victory over Vice President Kamala Harris, Trump's Cabinet appointments quickly emerged.

Trump has picked the top Republicans, and the president-elect is expected to make the choice Florida Senator Marco Rubio as his secretary of state and South Dakota Gov. Kristi Noem as homeland security secretary.

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Additionally, MP Elise StefanikRN.Y., has been nominated to replace U.N. Ambassador and former Arkansas Gov. Mike Huckabee as ambassador to Israel.