President-elect Donald Trump picked Elon Musk and Vivek Ramaswamy to lead a new commission on cutting government spending and regulation.

Trump named tech billionaire Elon Musk and conservative activist Vivek Ramaswamy to head up a new "Department of Government Efficiency," fulfilling a campaign pledge to give Musk sweeping oversight of government spending.

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.