Trump's new 'Department of Government Efficiency': What it is and what it isn't.

No one is coming out stronger from the 2024 Presidential election than X owner and billionaire Elon Musk. And that success is not just due to the potentially lucrative federal contracts he's set to snag or the legal protections Musk's ventures are taking on from his Republican alignment — he's gaining political power, too.

Announced by president-elect Donald Trump on Nov. 12, Musk and Vivek Ramaswamy — the pharmaceutical mogul and former Republican presidential hopeful — have been picked...