US President-elect Donald Trump announced that Elon Musk will lead the 'Department of Government Efficiency' - a position Trump hinted at during his campaign trail. Musk will head the department alongside Indian-American entrepreneur Vivek Ramaswamy.
"Together, 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 - Essential to the 'Save America' Movement," Trump said in a statement.
"I look forward to Elon and Vivek making changes to the Federal Bureaucracy with an eye on efficiency and, at the same time, making life better for all Americans," he added.
According to Trump, they will drive out the "massive waste and fraud" from the government.