Vivek Ramaswamy, Incoming Co-Chair of Trump’s Commission, Sets Sights on Biden Administration’s Last-Minute Spending
Vivek Ramaswamy, the incoming co-chair of President-elect Donald Trump’s Department of Government Efficiency (DOGE), has targeted the Biden administration’s last-minute spending, including a $6.6 billion loan to Rivian, a competitor to Tesla, owned by commission co-chair Elon Musk.
Ramaswamy has placed the loan and others like it “high on the list” of items he plans to scrutinize once DOGE gets underway next year. He believes that last-minute actions taken by the Biden administration, including the dispersal of government-backed loans and federal funds to finance clean energy and domestic chip manufacturing projects, merit special scrutiny.
Despite the uncertainty surrounding whether Ramaswamy will follow through on his promise to claw back the money, his comments have sent a warning signal. The potential conflicts that could arise from spending cuts impacting Musk’s vast business empire, which has also received government assistance, are also a concern. Ramaswamy’s comments have added to the tensions in the battle over reducing the size of the federal government.
