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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
PoliticsDonald Trump

Trump’s DOGE department is now down to just one leader after Vivek Ramaswamy steps down

By
Thomas Beaumont
Thomas Beaumont
,
Jonathan J. Cooper
Jonathan J. Cooper
, and
The Associated Press
The Associated Press
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By
Thomas Beaumont
Thomas Beaumont
,
Jonathan J. Cooper
Jonathan J. Cooper
, and
The Associated Press
The Associated Press
Down Arrow Button Icon
January 21, 2025, 4:54 AM ET
Vivek Ramaswamy arrives for the Inauguration of Donald J. Trump
Vivek Ramaswamy arrives for the Inauguration of Donald J. TrumpKevin Lamarque - Pool/Getty Images

The Department of Government Efficiency’s first order of business was itself: It’s now down to one leader.

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Vivek Ramaswamy is no longer part of the commission that President Donald Trump championed, officials confirmed hours after the Republican took office Monday, and that leaves billionaire Elon Musk to run the cost-cutting operation alone.

Ramaswamy, a biotech entrepreneur who sought the GOP nomination for president in 2024, has signaled plans to run for governor of Ohio next year. A native of Cincinnati, Ramaswamy, 39, had shown interest in Vice President JD Vance’s recently vacated Senate seat before Ohio Gov. Mike DeWine chose Lt. Gov. Jon Husted as Vance’s successor.

“Vivek Ramaswamy played a critical role in helping us create DOGE,” Anna Kelly, a spokesperson for the commission, said in a statement. “He intends to run for elected office soon, which requires him to remain outside of DOGE, based on the structure that we announced today. We thank him immensely for his contributions over the last 2 months and expect him to play a vital role in making America great again.”

Trump picked Musk and Ramaswamy to lead DOGE, a nongovernmental task force that Trump has assigned to find ways to fire federal workers, cut programs and slash federal regulations — all part of what the new president calls his “Save America” agenda for his second term.

Musk’s involvement in particular has raised ethics concerns because SpaceX, the company he founded and led, has massive defense contracts and competes for business from NASA. His Tesla electric-car company and other business interests could also benefit from Trump decisions in office.

Ambitious efforts to reduce the size and scope of the federal government historically have run into resistance when the public is confronted with cuts to trusted programs that millions of Americans depend on for jobs, health care, military security and everyday needs.

One of the world’s wealthiest millennials, Ramaswamy made a fortune in biotech before turning his attention to politics. He rose to prominence on the right as a fierce critic of identity politics and programs that advance diversity, equity and inclusion.

He has positioned himself as a thought leader of Trump’s populist “Make America Great Again” movement. He endorsed Trump in the GOP primary after finishing fourth in Iowa’s leadoff caucuses.

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter will deliver clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
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