The department wouldn't be a department at all, but an outside group that can likely only make suggestions — unless Trump tries to axe current laws.

As President-elect Donald Trump assembles the cabinet for his incoming presidential administration, he has also announced his plan to create an initiative he calls the “Department of Governmental Efficiency” (DOGE).

Elon Musk has shared his own disbelief that the government efficiency department Donald Trump tapped him to lead “is real.” The world’s richest man and SpaceX owner, who holds billions of dollars in government contracts through his companies, appeared to mock the newly-created Department of Government Efficiency (DOGE) in a post on X.

Elon Musk’s understanding of the so-called deep state comes off as rather shallow. The Tesla CEO reckons $2 trillion can be slashed from the U.S. bureaucracy, echoing decades of arm-waving over wasteful spending in Washington.

Elon Musk and Vivek Ramaswamy are set to take the reins of the brand new “Department of Government Efficiency” (DOGE) under President-elect Trump — a panel with bold ambitions of

The agency aims to protect consumers from unfair, deceptive or abusive financial practices by taking action against companies that break the law. In 2022, the CFPB ordered Wells Fargo to pay $3.7 billion for “widespread mismanagement” that led to misapplied loan payments, wrongfully foreclosed homes and more.

The proposed government agency, which is not yet established, would “dismantle Government Bureaucracy” among other things, according to Trump.