Donald Trump is endorsing a commission that could give Musk responsibilities for auditing federal spending and regulations.
By Marianne LeVine, Jeff Stein and Trisha Thadani, The Washington PostElon Musk listens to President Donald Trump in 2017 during a meeting at the White House.
“This commission will develop an action plan to totally eliminate fraud and improper payments within six months,” Trump said. Musk, who is also a Tesla and Space X executive, endorsed the former president after he was slightly wounded in an attempted assassination in Butler, Pa. Musk has used his social media platform to try to help Trump in ways that have prompted concern from some critics. He recently attacked Trump’s rival, Vice President Kamala Harris, and posted a fake image depicting Harris as a communist, echoing Trump’s disparaging nickname for her, “Comrade Kamala.
Donors include wealthy business executives, such as former Tesla board member Antonio Gracias, Palantir co-founder and Austin-based tech investor Joe Lonsdale, and Sequoia Capital investor Shaun Maguire. Trump advisers have for months eyed the commission as a way to publicly identify billions of dollars of unnecessary federal spending, reprising an idea from the Reagan administration. The plan has gained traction among Trump advisers as the former president has embraced increasingly aggressive plans to approve trillions of dollars in new tax cuts with no clear proposal for how to pay for them.
But Musk’s companies have received billions of dollars in federal contracts and other subsidies, and he has been critical of the regulatory push from federal agencies under President Joe Biden. Under Biden, the Justice Department and the Securities and Exchange Commission have advanced investigations into Tesla’s marketing of its driver-assistance technologies. Musk has also been critical of Biden’s electric vehicle subsidies, which he has said benefit his competitors more than Tesla.
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