Elon Musk has been assigned the role of leading what is called a “ministry of efficiency”, along with businessman Vivek Ramaswamy.
The aim is to streamline and reduce costs and remove regulations for the federal authorities.
Elon Musk has said himself that he can reduce government spending by a third.
– Donald Trump calls this a ministry, but in fact it is not a real ministry, says Ginna Lindberg.
– In fact, there is an irony in a new ministry cutting back on other ministries. It is a kind of department that will be directly under Donald Trump.
During his previous term, Donald Trump had the ambition to cut government spending, which in fact increased.
Potential conflict of interest
Several federal authorities have sued companies that Elon Musk owns, and Tesla is being investigated has been investigated by, among others Department of Justice.
Ginna Lindberg says there is an obvious risk of a conflict of interest.
– Elon Musk, whose company is regulated by American authorities, will now control that regulation. There are obvious potential conflicts of interest.