To do that, he’s creating a new agency, called the Department of Government Efficiency.If the name sounds like a meme, it’s because it is. DOGE is the brainchild of billionaire Elon Musk, who came up with the acronym in homage to the mascot for the digital currency Dogecoin,

President-elect Trump announced Elon Musk and Vivek Ramaswamy as the leaders of his new Department of Government Efficiency, aiming to reduce federal waste and bureaucracy.

Trump has given two entrepreneurs a mission to make the government more efficient. It's unclear how Elon Musk and Vivek Ramaswamy would accomplish that.