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LG Electronics India files for $1.8bn IPO – Times of India

MUMBAI: After Korean carmaker Hyundai, it is now the turn of compatriot and popular consumer electronics giant LG to tap Indian capital...
HomeBlogElon Musk to head new 'efficiency commission,' says Donald Trump —promising to...

Elon Musk to head new ‘efficiency commission,’ says Donald Trump —promising to save US ‘trillions’ – Times of India

Former President and Republican candidate Donald Trump on Thursday announced that if he wins the upcoming presidential election, he plans to appoint billionaire and Tesla CEO Elon Musk as the head of a new government efficiency commission. Speaking at the New York Economic Club, Trump outlined his vision to tackle inefficiencies within the federal government, and talked about the importance of reforming its financial operations.
“I will create a government efficiency commission tasked with conducting a complete financial and performance audit of the entire federal government,” Trump stated. The commission would be responsible for recommending significant reforms, with a specific focus on eliminating “fraud and improper payments” within six months. Trump suggested that these changes could save “trillions of dollars” while maintaining the same level of service, adding that “nobody knows where [the wasted money] went.”

The former president also revealed that Elon Musk had agreed to lead this initiative, humorously noting, “Elon, because he’s not very busy, has agreed to head that task force.” Trump praised Musk’s expertise, calling him a “smart guy” who “knows what he’s doing.”
Musk, the CEO of Tesla and SpaceX, has expressed interest in the role, saying during a podcast in August that he had discussions with Trump about the proposal. Musk later confirmed his willingness to serve on the commission via social media, stating, “No pay, no title, no recognition is needed.”
The commission, according to Trump, would aim to curb inflation and reduce consumer prices, which he attributes to current economic policies. While inflation has slowed, many Americans remain dissatisfied with rising costs for essential goods like food and fuel.
On the campaign trail, Trump has been critical of Vice President Kamala Harris and the Biden administration’s handling of the economy, frequently blaming them for the increased cost of living. Polls show that while Trump is seen as stronger on economic issues, his lead over Harris has been narrowing.

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