The wealthy entrepreneur, tapped by Donald Trump to co-lead an outside effort focused on “efficiency,” campaigned on an assertion that the president has the power to fire 75 percent of the federal work force.

Entrepreneur-turned-politician Vivek Ramaswamy, alongside Elon Musk, plans significant federal job cuts as leaders of the Department of Government Efficiency (DOGE). They aim to streamline bureaucracy,

Entrepreneur-turned politician Vivek Ramaswamy, who along with Tesla owner Elon Musk has been nominated in-charge of the Department of Government Efficiency, has indicated a massive cut in federal government jobs in the United States.

Elon Musk and Vivek Ramaswamy are teaming up with President-elect Donald Trump to build a project designed to dismantle the U.S. government’s notorious red tape and bloated budget. Trump is calling it the “Department of Government Efficiency”—DOGE for short.

Following weeks of relentless promotion, the Department of Government Efficiency (DOGE) is set to become a reality, potentially sending the price of Dogecoin (CRYPTO: