Billionaire Elon Musk, an adviser to U.S. President-elect Donald Trump, said on Saturday that Cantor Fitzgerald CEO Howard Lutnick would "actually enact change" if chosen as U.S. Treasury secretary. Trump has not announced his nominee for the role,

Billionaire Elon Musk voiced support for Howard Lutnick in the race for President-elect Donald Trump’s next Treasury secretary, offering a late boost to the candidacy of the Cantor Fitzgerald LP CEO as the incoming cabinet takes shape.

On a Saturday morning in December 2022, Elon Musk summoned finance executives at Twitter, which he had bought six weeks earlier, to a conference call. Then he drilled into a spreadsheet that contained the social media company’s expenditures.

It's a policy that has benefited Elon Musk, Tesla's CEO and Trump's newly appointed head of the proposed Department of Government Efficiency. Musk, a vocal Trump supporter and the world's richest person,

Defense is the largest area of discretionary spending in the federal budget, and Elon Musk has been skeptical of its contract practices.

Iran’s foreign ministry denied that a meeting was held between the Iranian ambassador to the United Nations and Elon Musk, the world’s wealthiest person and close ally of US President-elect Donald Trump,

A U.S. official says Iran successfully sought a meeting with Elon Musk in a step that appeared aimed at easing tensions with President-elect Donald Trump

While concerns were already swirling about Elon Musk’s involvement in the Trump administration, the first potential conflict of interest has popped up. Musk’s Department of Government Efficiency (which he runs with Vivek Ramaswamy) put out the call Thursday for “super high-IQ small-government revolutionaries willing to work 80+ hours per week on unglamorous cost-cutting.

Elon Musk's Department of Government Efficiency said it is already recruiting people to work on the new initiative to cut federal spending.