'Ultimate Corporate Corruption': Trump Announces Musk-Led Department to Gut Regulations

November 13, 2024

President-elect Donald Trump announced Tuesday that Elon Musk—the world's richest man, a megadonor to the Republican's campaign, and a beneficiary of government contracts—will co-lead a not-yet-created department tasked with gutting federal regulations and slashing spending.

Lisa Gilbert, co-president of the watchdog group Public Citizen, said it is "laughable" to put "the ultimate corporate tycoon" in charge of a commission on government spending and regulations.

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