House Speaker Mike Johnson has announced a high-stakes deal with Republican lawmakers, including Tesla CEO Elon Musk and biotech entrepreneur Vivek Ramaswamy, who have been nominated by President-elect Trump to head the new Department of Government Efficiency (DOGE). A press conference was held prior to the meeting.
DOGE is tasked with working outside the government to “dismantle” bureaucracy, cut “excessive” regulation, reduce wasteful spending, and restructure federal agencies, according to the agency. President Trump's announcement.
The Senate and House of Representatives will also establish a Delivering Outstanding Government Efficiency (DOGE) caucus to work with the department. Sen. Joni Ernst (R-Iowa) and Rep. Marjorie Taylor Greene (R-Ga.) were named to lead their respective House caucuses.
Musk and Ramaswamy have already laid out their plans for DOGE, including identifying “thousands” of regulations that the next president should eliminate. The two have met with Republican lawmakers to appeal for their support as President Trump prepares to return to the White House.
Mr. Johnson's remarks are scheduled for 1:45 p.m. ET.
Watch the live video above.
