(NEXSTAR) – Elon Musk and Vivek Ramaswamy will join forces to lead a newly formed Department of Government Efficiency (or DOGE, for short), President-elect Donald Trump announced. But what will the department do? Named in an apparent nod to the meme cryptocurrency dogecoin, DOGE is not actually a government agency. Instead, it will work outside the government to "dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies," Trump said in a statement. The specifics of how the department will operate aren't yet known, but it's clear its two leads, Musk and Ramaswamy, will wield influence under the Trump administrati
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