Trump and Musk aim for sweeping federal overhaul with new ‘Efficiency Department’

Published

1 year ago

November 15, 2024

The incoming administration plans to slash $2 trillion in spending, with Elon Musk and Vivek Ramaswamy at the helm of the Department of Government Efficiency.

President-elect Donald Trump has announced a bold initiative to streamline the federal government’s operations and budget, enlisting two high-profile figures to spearhead the effort.

The newly formed Department of Government Efficiency will be led by billionaire entrepreneur Elon Musk, known for revolutionizing multiple industries, and biotech executive Vivek Ramaswamy.

Their ambitious plan aims to cut at least $2 trillion in federal expenditures through rigorous review and restructuring.

Musk’s reputation as an innovator and disruptor positions him uniquely to challenge entrenched bureaucratic inefficiencies.

The initiative reflects Trump’s broader vision of reshaping government operations to prioritize fiscal responsibility, tapping into the private sector’s ingenuity.

Ramaswamy, noted for his entrepreneurial approach and advocacy for economic modernization, is expected to bolster the department’s strategic framework.

The Department of Government Efficiency’s creation signals a significant pivot towards aggressive budgetary reform and oversight.

While critics express concerns about potential impacts on public services and employment, supporters argue that the move is long overdue to ensure taxpayer dollars are utilized effectively.

As plans unfold, the department’s success will likely depend on navigating political challenges and maintaining public trust in its mission to overhaul federal spending.

U.S. envoys head to Moscow as Ukraine peace talks accelerate

U.S. envoys to meet Putin, signaling a potential shift in Ukraine war diplomacy.

Published

18 hours ago

January 22, 2026

Harvey Vargas

U.S. envoys to meet Putin, signaling a potential shift in Ukraine war diplomacy.

Senior U.S. envoys are preparing to meet Russian President Vladimir Putin as diplomatic efforts around the war in Ukraine gather pace. The visit comes after Russia formally requested high-level talks, signalling a potential shift in momentum.

Special Envoy Steve Witkoff and Jared Kushner are set to travel to Moscow following months of behind-the-scenes discussions. The move underscores Washington’s willingness to engage directly as negotiations enter a more decisive phase.

With global attention fixed on the outcome, the meeting could shape the next chapter of the conflict — and determine whether diplomacy can finally overtake military escalation.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#UkraineWar #RussiaUkraine #PeaceTalks #GlobalPolitics #USRussia #BreakingNews #Geopolitics #TickerNews

News

Trump drops tariff threat after Greenland framework deal

Trump announces Greenland deal, easing tariff threats amid trade tensions, boosting US markets and sparking Arctic diplomacy debate.

Published

19 hours ago

January 22, 2026

Harvey Vargas

Trump announces Greenland deal, easing tariff threats amid trade tensions, boosting US markets and sparking Arctic diplomacy debate.

U.S. President Donald Trump has announced a framework deal involving Greenland, stepping back from earlier threats to impose tariffs on Europe. The shift comes after heightened global concern over trade tensions and geopolitical stability.

The announcement followed Trump’s appearance at the World Economic Forum in Davos and discussions with NATO’s Secretary General.

Denmark’s Foreign Minister has since weighed in, responding to speculation surrounding Greenland’s future and the implications of US involvement.

Markets reacted positively, with US stocks rallying after Trump signalled he would abandon the tariff threats.

While Trump reiterated he would not use force to acquire Greenland, the move has sparked renewed debate about diplomacy, trade, and influence in the Arctic region.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#DonaldTrump #Greenland #USTrade #Tariffs #GlobalMarkets #USPolitics #WorldNews #Ticker

News

Coalition cracks deepen as Nationals break ranks over Labor reforms

Nationals senators defy party lines, voting against Labor’s reforms as Coalition faces internal rifts and leadership concerns.

Published

2 days ago

January 21, 2026

Harvey Vargas

Nationals senators defy party lines, voting against Labor’s reforms as Coalition faces internal rifts and leadership concerns.

A rift has emerged in the Coalition after three Nationals senators crossed the floor to vote against Labor’s post-Bondi hate group reforms, defying party lines and raising questions about their future in the shadow cabinet.

Their proposed amendment calling for greater scrutiny was rejected, and Labor’s legislation passed the Senate 38 votes to 22, cementing the reforms into law despite opposition pushback.

Coalition leadership will meet Wednesday to assess the political fallout, though some MPs consider the issue minor in terms of potential resignations. The incident highlights growing tensions within the party as internal discipline comes under pressure.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#AustralianPolitics #Coalition #Nationals #Labor #Senate #PoliticalDrama #TickerNews #BreakingPolitics