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President-elect Donald Trump announced that Vivek Ramaswamy along with Elon Musk, will lead a new “Department of Government Efficiency” in his second administration.
Vivek Ramaswamy is a 39-year-old billionaire. Born in the US to Indian immigrant parents, Ramaswamy gained wealth through his biotech company “Roivant Sciences”, and has investments across technology, cryptocurrency, and asset management.
Ramaswamy’s shift from biotech to politics began in 2021 with the publication of Woke, Inc., where he criticised corporate America’s focus on social issues.
Ramaswamy’s background in both finance and politics, paired with his down-to-earth lifestyle has helped him connect with supporters who appreciate his straightforward style.
Trump had proposed the creation of a government efficiency commission as part of a slate of new economic plans that he unveiled in early September. At the time, he said Musk had agreed to lead it if he were to secure a return to the White House.
The announcement of Ramaswamy and particularly Musk, who leads companies with existing, lucrative government contracts, raises immediate questions about potential conflicts of interest. It is not immediately clear how the department – which Trump said would “provide advice and guidance from outside of Government” – would operate, and whether a Congress even fully controlled by Republicans would have the appetite to approve such a massive overhaul of government spending and operations.
Donald Trump’s statement Tuesday night, quoted Musk as saying that “this will send shockwaves through the system, and anyone involved in Government waste, which is a lot of people!”
Ramaswamy separately responded on X with a slogan he often used during his presidential campaign to call for the elimination of federal agencies, writing: “SHUT IT DOWN.”
Ramaswamy, who previously challenged Trump in the Republican presidential primary before endorsing him in January, made reducing waste in government spending a key policy platform for his campaign.
Last year, Ramaswamy – who had promised on the campaign trail to eliminate the FBI, the Department of Education and the Nuclear Regulatory Commission, which would lay off thousands of federal workers in the process – released a white paper outlining a legal framework he said would allow the president to eliminate federal agencies of his choice.
“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,” Donald Trump said in a statement.
He also added, The work of the department, will end 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!” he said.
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