Trump Appoints Elon Musk To Uncover ‘Hundreds Of Billions’ In Government Fraud

President Donald Trump has appointed billionaire entrepreneur Elon Musk to lead efforts in identifying and eliminating wasteful government expenditures. According to Trump, Musk’s leadership in the newly formed Department of Government Efficiency (DOGE) will expose “hundreds of billions of dollars” in fraud across federal agencies.

Speaking in a pre-Super Bowl interview with Fox News, Trump emphasized that cutting government waste was a key mandate from voters and praised Musk’s involvement.

“We’re going to find billions, hundreds of billions of dollars in fraud and abuse. And, you know, the people elected me on that,” Trump said in excerpts released by Fox News.

Just three weeks into Trump’s return to the White House, a wave of executive orders has set off a cost-cutting blitz. Musk, the CEO of Tesla and SpaceX, has already begun implementing major reductions, starting with the U.S. Agency for International Development (USAID). Thousands of employees have been laid off, though federal judges have intervened to temporarily halt the dismissals.

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Trump signaled that the next targets for spending reviews will be the Department of Education and the U.S. military.

“Then I’m going to go to the military,” he stated, stressing the need for a deep dive into the Pentagon’s $850 billion budget for 2025.

Musk’s central role in government cost-cutting has raised concerns, particularly from Democrats like Rep. Mark Pocan, who pointed out that Musk’s companies have received over $20 billion in government contracts. Critics argue that his position could pose a conflict of interest.

However, Trump dismissed these concerns, insisting that Musk is not personally benefiting from his government role.

“He’s not gaining anything,” the president asserted.

As the administration pushes ahead with its aggressive spending cuts, Musk’s involvement in government restructuring is expected to remain a hot-button issue in Washington.