Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Israeli media: For the first time, Prime Minister Netanyahu is signaling that he wants to end the war on Gaza
Israeli Channel 12, citing an American source: We want to have entered a path toward captive release and a ceasefire before Netanyahu arrives in Washington
Lebanese Ministry of Health: One martyr and two injured in the Israeli airstrike that targeted a motorcycle in the town of Mahrouna
Al Mayadeen correspondent to Southern Lebanon: An Israeli drone strike targeted a vehicle between the towns of Jwayya and Mahrouna.
Al Mayadeen's correspondent in South Lebanon: One martyred in the Israeli drone strike on a car in the town of Kawnin
Al Mayadeen's correspondent in South Lebanon: Israeli drone targets a car in the town of Kawnin
Naeini: If our national interests are attacked again, our response this time will be stronger and more destructive
Naeini: The war has proven that the settlers are defenseless against Iranian missile and drone forces
Naeini: Trump lacks an understanding of the true strength of the Iranian people and is so deluded as to believe he can change the reality of Iran's victory
Naeini: The defeat led to Trump's confusion and loss of balance, which was reflected in his ill-considered statements

Musk to lead US efficiency commission if Trump re-elected

  • By Al Mayadeen English
  • Source: Agencies
  • 6 Sep 2024 13:52
4 Min Read

Trump and Musk have been accused of aiming to dismantle the nonpartisan civil service, replacing terminated workers with their allies.

Listen
  • x
  • Former President and Republican presidential candidate Donald Trump speaks at the Economic Club of New York on September 5, 2024. (AFP)
    Former President and Republican presidential candidate Donald Trump speaks at the Economic Club of New York on September 5, 2024. (AFP)

Republican presidential candidate Donald Trump would establish a government efficiency commission headed by billionaire Elon Musk if he is re-elected in the upcoming elections in November, the former US president said on Thursday during a wide-ranging speech.

Trump spoke at the New York Economic Club, laying out his economic plans and reforms for the country if he re-assumes office.

Sources aware of Trump's economic visions told Reuters he has been discussing the idea of implementing an efficiency commission with aides for weeks. The Republican finally addressed the idea of the commission for the first time during his speech, revealing the X founder as its head.

Trump did not provide additional information concerning the operation of the commission, simply stating it would develop a plan to combat "fraud and improper payments" within six months of its establishment.

"I will create a government efficiency commission tasked with conducting a complete financial and performance audit of the entire federal government," Trump told an audience composed of his former Treasury Secretary, Steve Mnuchin, and financiers Scott Bessent and John Paulson.

It was "great to have him as an ally. He's a terrific businessman, and I think the government could become much, much more efficient," Paulson told Reuters concerning Musk's potential role.

Trump's primary economic reform plans

The businessman vowed to reduce corporate tax rates for businesses manufacturing locally, creating "low-tax" zones on federal land that encourage construction companies to build new homes, and launching a sovereign wealth fund.

The corporate tax rate will be cut from 21% to 15% for the companies manufacturing domestically, adding that the new "low-tax" and "low-regulation" housing zones are intended to reduce housing costs by enhancing homebuilding.

During his speech, Trump stated he would ban mortgages for illegal immigrants residing in California based on allegations they were increasing housing costs. However, he did not provide specific details on this imposition.

Trump's housing affordability plan significantly differed from his Democratic counterpart Kamala Harris, who has proposed granting $25,000 credit to first-time homebuyers. This proposition, however, has been criticized by Republicans and some economists claiming this plan will increase housing prices.

Related News

DOGE loses control over federal grant applications review: WashPo

IRGC slams Trump's 'nonsense' statements following war on Iran

The Republican nominee's sovereign wealth fund would, in part, finance major infrastructure projects, adding that he would revoke unspent funds from the 2022 Inflation Reduction Act.

Trump stated he would "issue a national emergency declaration" to facilitate the progress of new energy projects by easing bureaucratic obstacles.

Renowned for his sanctions during his presidential term, Trump pledged to impose punitive economic sanctions on other countries to not threaten its position as the dollar's status as a global reserve currency.

Trump receives backlash on economic agenda

Everett Kelley, president of the American Federation of Government Employees, a union representing about 750,000 federal workers, accused Trump and Musk of aiming to dismantle the nonpartisan civil service, while replacing terminated workers with their allies.

"There's nothing efficient about that," Kelley told Reuters, condemning the former president's economic proposal.

Trump's economic agenda would "explode the national debt" by increasing inflation and eliminating jobs, according to Harris' policy advisor Brian Nelson.

Nelson's statement aligns with the beliefs of many economists concerning Trump's economic proposal. However, they highlighted Republicans' need to retain control of the House of Representatives and the Senate to implement the proposed policy agendas.

Elon Musk offers to serve in Trump administration without pay or title

US billionaire Elon Musk announced on Thursday that he is willing "to serve" the US "without a salary or official title."

This statement comes amid reports that Republican presidential nominee Donald Trump is considering accepting Musk's proposal to create a government efficiency commission if Trump wins the election.

"I look forward to serving America if the opportunity arises. No pay, no title, no recognition is needed," Musk wrote on X.

I look forward to serving America if the opportunity arises.

No pay, no title, no recognition is needed. https://t.co/5PSNtjBQn7

— Elon Musk (@elonmusk) September 5, 2024

In recent months, Musk has frequently voiced his readiness to tackle government efficiency issues in a potential Trump administration.

Despite this, Trump expressed skepticism last week about Musk joining his team, noting that the SpaceX and Tesla CEO might be too occupied to serve in a cabinet role.

However, Trump also suggested that Musk could still contribute as a consultant if he wins the upcoming November election.

  • United States
  • US elections 2024
  • Donald Trump
  • Elon Musk

Most Read

Iranian President Masoud Pezeshkian attends a protest following the US attacks on nuclear sites in Iran, in Tehran, Iran, Sunday, June 22, 2025. (AP)

Iran declares victory as ceasefire forces Israeli retreat

  • Politics
  • 24 Jun 2025
Israeli workers survey the site where a missile launched from Iran struck in Haifa on Sunday, June 22, 2025. (AP)

True Promise 3, wave 20: 40 missiles launched, Kheibar-Shekan in first

  • Politics
  • 22 Jun 2025
Iran launches strikes on Israeli targets, despite alleged ceasefire

Iran victorious as ceasefire with 'Israel' takes effect

  • Politics
  • 24 Jun 2025
Iranian worshippers carry their country's flags in a protest to condemn Israeli attacks on multiple cities across Iran, after the Friday prayers ceremony in Tehran, Iran, Friday, June 20, 2025. (AP)

Iran warns of NPT withdrawal, Strait of Hormuz closure after US attack

  • Politics
  • 22 Jun 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Israeli occupation soldiers search for settlers amid the rubble of buildings destroyed by an Iranian missile strike in Bat Yam, central occupied Palestine, on Sunday, June 15, 2025 (AP)
Politics

Iran missile strike flattens Bat Yam, displaces 2,000 settlers

Palestinian fighters from the Islamic Jihad militant group riding on a truck with weaponry on display take part in an anti-Israel parade marking the 36th anniversary of the movement's founding, in Gaza City, Wednesday, Oct. 4, 2023 (AP)
Politics

Palestinian Resistance attacks Israeli forces in Khan Younis, Jabalia

Iranian Foreign Minister Abbas Araghchi stands waiting to meet Russian President Vladimir Putin for the talks at the Kremlin in Moscow, Russia, Monday, June 23, 2025 (AP)
Politics

Iran suspends IAEA cooperation, Araghchi blames Grossi for attacks

The commander of the Quds Force's Palestine Unit, Brigadier General Mohammad Said Izadi (Illustrated by Mahdi Rtail for Al Mayadeen English)
Politics

Who was Mohammad Said Izadi, head of the Quds Force's Palestine Unit?

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS