That is “Establishing and Implementing the President’s Department of Government Efficiency.’’ The acronym for that name is DOGE (named after a memecoin), and it’s the Elon Musk–led effort to cut government spending by a trillion bucks or two.

The former Republican primary foe departs DOGE after his goal of trimming regulations was overtaken by Musk’s priority of cutting expenditures.

A deep philosophical rift between the two billionaire leaders of the “Department of Government Efficiency” left Musk alone at its top, which could give him more power than envisioned