Elon Musk threw his weight behind Trump transition co-chair Howard Lutnick for Treasury secretary on Saturday, signaling a late move to influence a looming – and key – choice.
Why it matters: Musk has grown increasingly important in President-elect Trump's orbit, and Treasury secretary is one of the last major posts not yet filled.
Elon Musk has persuaded President-elect Trump that government has grown so big, bloated, slow and sclerotic ... only a wrecking ball can fix it.
Soon, that ball will slam into hard reality: Politicians like to giveth, not taketh away.
Why it matters: Trump is more fixated on a "deep state" blocking his ambitions, than cost savings, advisers tell us. But he has bought into the Musk concept of using AI and lean-business thinking to try to dramatically shrink a government he helped grow, they say.
The big picture: Federal and state authoritiesinitially reported on texts containing disturbing references to slavery. That investigation has expanded to include reports of deportation threats.
