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
Al Mayadeen correspondent: The first ship of the Maghreb fleet delivering aid to break the siege on Gaza departs from the port of Gammarth in Tunisia.
Channel 12: Airspace closed at Ramon Airport due to fears of drone infiltration
IOF Spokesperson: Sirens sounded over an aircraft infiltration in the Bir Ora area, and details are being examined
Drone infiltration sirens sound north of the Gulf of Aqaba
Al Mayadeen's correspondent in Gaza: The Israeli occupation carried out five extremely violent raids on the western areas of Gaza City
Al Mayadeen's correspondent in Gaza: The Israeli occupation carried out major bombings in the Gaza Strip, the most violent since October 7
Yemeni Armed Forces spokesperson Brigadier General Yahya Saree: The missile force carried out a major operation using the Palestine 2 ballistic hypersonic missile, hitting several targets in occupied Yafa.
Sirens sound in large areas of occupied Palestine after a missile launch from Yemen was detected
Al Mayadeen's correspondent: 14 martyrs arrive at al-Shifa Hospital following Israeli massacre of al-Sultan Family north of Gaza.
Qatari PM: We must not surrender to the arrogance of extremists and pursue our quest for a 'two-state solution'

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

US, China to resume talks in Madrid; tariffs, TikTok on agenda

China warns Philippines against provocations in South China Sea

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

The damaged building in the Katara neighborhood, Doha, Qatar, September 9, 2025 (Social media)

Hamas delegation survives Israeli assassination attempt in Qatar

  • Politics
  • 9 Sep 2025
Israeli police and rescue teams respond at the scene of a shooting attack where several people killed and injured in Jerusalem, Monday, Sept. 8, 2025 (AP)

Al-Quds shooting: 7 settlers killed, several critically injured

  • Politics
  • 8 Sep 2025
Pro-"Israel" conservative Charlie Kirk shot during Utah speech

Pro-'Israel' far-right Charlie Kirk shot dead during Utah speech

  • US & Canada
  • 11 Sep 2025
Uprising against Volker Turk at the Human Rights Council over Gaza.

Uprising against Volker Turk at the Human Rights Council over Gaza

  • Politics
  • 12 Sep 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Elon Musk attends a news conference with President Donald Trump in the Oval Office of the White House, Friday, May 30, 2025, in Washington (AP)
Politics

Elon Musk calls for dissolving UK parliament at London far-right rally

Israeli media: US betrayed Qatar, gave green light for attack on Hamas
Politics

Israeli media: US betrayed Qatar, gave green light for attack on Hamas

Leaked memo shows Trump eyeing Louisiana National Guard plan
Politics

Leaked memo shows Trump eyeing Louisiana National Guard plan

Mamdani vows to arrest Netanyahu if elected New York mayor
Politics

Mamdani vows to arrest Netanyahu if elected New York mayor

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