Elon Musk and Steve Davis Lead Task Force Targeting Federal Spending Cuts
The Department of Government Efficiency, co-led by Musk and Vivek Ramaswamy, aims to address $2 trillion in federal spending reductions as Steve Davis spearheads recruitment efforts.
- Steve Davis, a longtime Elon Musk associate and president of the Boring Company, is recruiting staff for the Department of Government Efficiency (DOGE).
- DOGE, an initiative proposed by President-elect Donald Trump, is not an official government agency and has an unclear mandate but aims to cut $2 trillion in federal spending.
- Davis is known for his extreme cost-cutting measures across Musk's ventures, including SpaceX, the Boring Company, and Twitter (now X), where he played a key role in reducing costs and headcount.
- Critics have raised concerns about potential conflicts of interest, given Musk's history of regulatory challenges with his companies, though Trump has stated Musk will prioritize national interests.
- Davis’s leadership style is characterized by frugality, strict deadlines, and a hands-on approach, often involving unconventional methods to meet cost and time constraints.