President-elect Donald Trump has announced that billionaire Elon Musk and Vivek Ramaswamy, a former presidential candidate and ally of Trump, will lead what he's calling a new "Department of Government Efficiency.

Here are some facts about Vivek Ramaswamy, a Cincinnati native who has been tapped to oversee the newly formed Department of Government Efficiency.

Billionaires Elon Musk and Vivek Ramaswamy will head an effort, dubbed DOGE, to reduce wasteful federal spending. Here's what it's about.