Elon Musk, the billionaire tasked with making the US government more efficient come January, has zeroed in on the Federal Reserve.

Musk, the owner of car manufacturer Tesla and social media platform X, has been tapped by Trump to lead the proposed Department of Government Efficiency (DOGE), with biotech entrepreneur and former Republican presidential candidate Vivek Ramaswamy, after vocally supporting and financially backing his campaign for president.

Trump also said that he wanted to restore North Carolina Fort Liberty’s old name, Fort Bragg, named after Confederate General Braxton Bragg. The name was changed in 2023 to get rid of the Confederate meaning. Trump also said Mount Denali should be restored to its old name, Mount McKinley, named after President William McKinley.

The tech billionaire who has already made a name in American politics offered his endorsement following a deadly German Christmas market attack.

X owner Elon Musk posted (archived) on the site: "Only the AfD can save Germany." Following the post, which had more than 50 million views at the time of this writing, claims abounded about the politics of the political party,