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President-elect Donald Trump has tapped entrepreneur Elon Musk and businessman Vivek Ramaswamy to head a new department focused on government efficiency.

“I am pleased to announce that the Great Elon Musk, working in conjunction with American Patriot Vivek Ramaswamy, will lead the Department of Government Efficiency (‘DOGE’),” the president-elect wrote in a statement.

“It will become, potentially, ‘The Manhattan Project’ of our time,” added Trump.

The department “will provide advice and guidance from outside of Government, and will partner with the White House and Office of Management & Budget to drive large scale structural reform,” he explained.

The president-elect said DOGE will deliver “a smaller Government, with more efficiency and less bureaucracy,” by July 4, 2026. This will be “the perfect gift to America on the 250th Anniversary of The Declaration of Independence.”

This is a breaking news story and it will be updated.