President-elect Donald Trump has tapped tech billionaires Elon Musk and Vivek Ramaswamy to chair the so-called 'Department of Government Efficiency.
This is an adapted excerpt from the Nov. 17 episode of “Velshi.” In 1985, a young White House lawyer by the name of John Roberts issued a prescient warning. In a memo on the Reagan-era Grace Commission, which sought to reduce waste in government spending, Roberts cautioned against allowing private-sector CEOs to oversee the very agencies that regulate their businesses, calling it a “disaster” because of the inherent conflicts of interest.
” His $200 million super PAC played a key role in helping Trump get elected, while his social media platform X significantly amplified the president-elect’s political messaging. But with the creation of the Department of Government Efficiency, Musk’s influence is being formalized — rewarded even — with a pseudo-government title. Consumer advocacy groups like Public Citizen have labeled the appointment “the ultimate corporate corruption.
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