Trump names Elon Musk co-head of new government efficiency body

The acronym of the new department—DOGE—also references the name of the cryptocurrency Dogecoin that Musk promotes.

U.S. President-elect Donald Trump on Tuesday named Elon Musk to a role aimed at creating a more efficient government, handing even more influence to the world’s richest man who donated millions of dollars to helping Trump get elected.