bbcnews US President-elect Donald Trump has picked Elon Musk to lead a newly created Department of Government Efficiency (Doge) for his incoming administration. He announced that Vivek Ramaswamy, a biotech investor, will work with the SpaceX and Tesla founder on the project - whose acronym refers to Musk's favourite cryptocurrency Dogecoin - to "dismantle" bureaucracy. The pair will provide external advice to the White House on how to "drive large scale structural reform", Trump said. He added that the Doge initiative would help the administration "dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures and restructure Federal Agencias"