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According to a Wall Street Journal exclusive, former President Donald Trump plans to adopt Elon Musk’s plan for a government efficiency commission — an idea first raised during their X spaces talk.

Trump is expected to announce the plan today along with several other economic proposals.

From WSJ:

The commission would conduct “a complete financial and performance audit of the entire federal government” and make “recommendations for drastic reform,” the Republican former president plans to say in an appearance before the Economic Club of New York. The goal would be to identify ways to eliminate fraud and improper payments, according to portions of the speech viewed by The Wall Street Journal.

Trump and Musk have grown close as Musk’s political views have become more conservative. In a recent conversation on X, the entrepreneur suggested Trump form a commission tackling government spending as a way to address inflation.

Musk said last month “I’d be happy to help out on such a commission,” and on Thursday said on X “I look forward to serving America if the opportunity arises. No pay, no title, no recognition is needed.”

This story is developing…