Elon Musk says he will launch a leaderboard to track 'insanely dumb' government spending, and business leaders are weighing in

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Elon Musk has officially landed the role as co-leader of the new Department of Government Efficiency, and he's already crowdsourcing for suggestions. President-elect Donald Trump announced on Tuesday evening that Musk will head the department alongside businessman Vivek Ramaswamy, with the goal of curbing government spending.