A new $7.5 billion Department of Energy loan proposal for a Stellantis-linked battery project in Indiana will be a Trump administration target, Vivek Ramaswamy said late Monday.
Ramaswamy, the co-lead of the informal Department of Government Efficiency, said on X that DOGE “will carefully scrutinize every one of these questionable 11th-hour transactions, starting on Jan 20.”
A week after his victory at the polls, President-elect Donald Trump tapped Ramaswamy and Tesla CEO Elon Musk to run the advisory committee. Trump said the agency would “dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.” It will not have the authority to promulgate traditional regulations.
Ramaswamy is a pharmaceutical entrepreneur and former Republican presidential candidate.
