Indian-origin entrepreneur Vivek Ramaswamy will no longer be a part of the Department of Government Efficiency (DOGE) that President Donald Trump announced and selected him to lead along with tech billionaire Elon Musk, the White House said. Ramaswamy's exit from the Department of Government Efficiency was confirmed just hours after Trump took office on Monday. Anna Kelly, a spokesperson for the government efficiency advisory group, praised Ramaswamy for his "critical role" in helping to form DOGE."He intends to run for elected office soon, which requires him to remain outside of DOGE, based on the structure that we announced today. We thank him immensely for his contributions over the last two months and expect him to play a vital role in making America great again," Kelly said in a statement
Ramaswamy, the son of Indian immigrants, earned hundreds of millions of dollars in hedge funds and pharmaceutical research - a career he built while graduating from Harvard University and Yale Law School. His approach to his presidential campaign mirrored his methods in securing investment, even when the drugs he advocated for never reached the market.
In November last year, Trump tapped Musk and Ramaswamy as co-leaders of DOGE. Nicknamed after Musk's favourite cryptocurrency, DOGE aims to streamline federal operations while slashing wasteful spending. Despite its name, the department will operate outside the government. Ramaswamy and Musk outlined bold goals, including cutting USD 2 trillion from federal expenditures and reducing the number of federal agencies from 428 to 99. Ramaswamy had proposed eliminating 1.5 million federal jobs - 75 per cent of the civilian workforce.
Newsinc24 Team





Related Items
Bangladesh FM Khalilur Rahman elected president of 81st UNGA
Tulsi Gabbard resigns as US intelligence Chief, Fourth woman to quit
UK Health Secretary Wes Streeting resigns, asks PM Starmer to quit