To do that, he’s creating a new agency, called the Department of Government Efficiency.If the name sounds like a meme, it’s because it is. DOGE is the brainchild of billionaire Elon Musk, who came up with the acronym in homage to the mascot for the digital currency Dogecoin,

Musk and Vivek Ramaswamy were appointed by Trump to lead DOGE, which will function as an advisory committee outside of the government.