Deregulation

Elon Musk takes on a pivotal role in the incoming Trump administration by co-leading the new Department of Government Efficiency. Tasked alongside Vivek Ramaswamy, the department aims to reduce government bureaucracy and spending. This move follows Musk's substantial support for Trump's campaign. The unconventional department has drawn both optimism and criticism regarding potential benefits to Musk's business ventures and concerns over conflicts of interest.

President-elect Donald Trump has nominated former Congressman Lee Zeldin to lead the Environmental Protection Agency (EPA), a move that indicates a shift back to a deregulatory agenda. Zeldin, known for his alignment with Trump's America First policies, aims to tackle bureaucratic hurdles while critics raise concerns over his low environmental voting record and potential impacts on regulations.