Musk, the billionaire CEO of Tesla (NASDAQ:TSLA) and SpaceX, and Ramaswamy, a former Republican presidential candidate and biotech executive, were tasked by President-elect Donald Trump with creating a panel of outside advisers to make recommendations on how to reduce the size of federal workforce and slash regulations.
Greene’s government efficiency subcommittee was created by House Oversight Committee chair James Comer to work with Musk and Ramaswamy.
“I’m thrilled to announce I’ll be chairing a brand new subcommittee to work hand-in-hand with @ElonMusk and @VivekGRamaswamy,” Greene wrote on X.
Trump, Musk and Ramaswamy have touted ambitious claims about the panel’s ability to transform the U.S. government and the effort has received widespread publicity and interest in how it will operate.
But details have been sparse. On Wednesday, Musk and Ramaswamy wrote an opinion piece saying they will use recent U.S. Supreme Court rulings to take power away from federal agencies and reduce regulations.
Trump has said the two will issue reports, and the new panel said it wants to bring on “high IQ” staff and hold weekly livestreams.
Source: Economy - investing.com
