Abbreviation | DOGE |
---|---|
Formation | Announced on November 12, 2024; yet to be established |
Key people | |
Website | x.com/DOGE |
The Department of Government Efficiency[a] (DOGE) is a planned United States presidential advisory commission announced by Donald Trump, the president-elect of the United States, in preparation for his second term as U.S. president. It will be led by the billionaire businessmen Elon Musk and Vivek Ramaswamy. Despite its name, it is not expected to be a federal executive department and its formation is not expected to require approval from the U.S. Congress.
Musk has stated that he believes such a commission could reduce the U.S. federal budget by $2 trillion, which would be a reduction of almost one third from its 2023 total. Jamie Dimon, the chief executive officer of JPMorgan Chase, has supported the idea. Some commentators questioned whether DOGE is a conflict of interest for Musk given that his companies are contractors to the federal government.
The department's name is a backronym referencing both Doge, an internet meme, and Dogecoin, a cryptocurrency named after the meme and publicly supported by Musk.[1]
Cite error: There are <ref group=lower-alpha>
tags or {{efn}}
templates on this page, but the references will not show without a {{reflist|group=lower-alpha}}
template or {{notelist}}
template (see the help page).