Trump wrote in a statement that the new department’s focus will be to “dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies - Essential to the 'Save America' Movement.

Critics advise the incoming Trump administration to pull the plug on 'corporate-welfare loans handed out for political reasons'.

The two entrepreneurs, tasked by President-elect Donald Trump last week to lead the newly formed “Department of Government Efficiency” (DOGE), suggested in a Wall Street Journal op-ed that