Elon Musk and Vivek Ramaswamy are set to lead a government efficiency panel following recent Supreme Court rulings.
They aim to reduce unnecessary regulations and federal agency power.
Their panel was established by President-elect Donald Trump to recommend efficiency measures.
Musk and Ramaswamy reference Supreme Court cases, West Virginia v. EPA and Loper Bright v. Raimondo, as precedents for limiting federal regulations.
The panel plans to identify regulations that may exceed congressional authority.
Musk and Ramaswamy see an opportunity for significant downsizing of federal government structures given their electoral mandate and the Supreme Court’s conservative majority.
Executive action
They intend to present their findings to President Trump, who could use executive action to halt certain regulations for review.
The duo projects potential federal spending reductions of $500 billion by eliminating unauthorized expenditures.
Examples include cuts to the Corporation for Public Broadcasting and funds allocated to international organizations.
They are collaborating with the Trump transition team to recruit advocates for small government.
