Musk and Trump's High-Stakes Panel: Revolutionizing U.S. Bureaucracy

Elon Musk and Vivek Ramaswamy, appointed by President-elect Donald Trump, are leading a panel aimed at streamlining U.S. bureaucracy. The panel seeks high-IQ individuals for cost-cutting roles and will conduct weekly livestreams. Their aggressive reform agenda has generated significant attention, though the panel's official status remains unclear.

President-elect Donald Trump has appointed Elon Musk and former Republican presidential candidate Vivek Ramaswamy to spearhead a panel designed to overhaul the U.S. federal bureaucracy. This high-profile group plans to implement significant cuts in workforce, regulations, and spending.

Musk, a renowned billionaire and CEO of Tesla, along with pharmaceutical entrepreneur Ramaswamy, has already drawn widespread attention by appealing for "super high-IQ" candidates willing to undertake demanding cost-reduction roles.

The panel has committed to weekly livestreams as part of its public engagement strategy. The initiative, although ambitious, faces constitutional challenges as Congress retains control over the federal budget, casting doubts over potential major spending cuts.

(With inputs from agencies.)