The Republican presidential candidate Donald Trump announced today that if he is re-elected president, he will set up a committee to evaluate and control government work, adding that Elon Musk, who had suggested its establishment, has agreed to head it.

Trump made the announcement in a speech he gave to top business executives in New York.

OR Wall Street Journal had first reported earlier today that Trump would publicly support the creation of such a commission.

The former president has been discussing with his staff for weeks the idea of ​​forming a commission to oversee the effectiveness of government work, people with knowledge of those talks said. Today, however, was the first time he publicly supported the idea, which has been proposed by Maska major donor and prominent supporter of the tycoon for re-election in the November 5 US presidential election.

During an interview with Musk on August 13, Trump said he would “love” a commission to evaluate the effectiveness of government work, but did not formally announce that he would form such a commission if he won the election. Musk said in an Aug. 19 podcast that he had conversations with the former president about the issue and that he would be interested in having a role on such a committee.

The committee will conduct “a comprehensive financial and performance audit of the entire federal government” and make “recommendations for drastic reforms,” ​​according to the Wall Street Journal, which had knowledge of Trump’s speech.

Musk had reiterated earlier today that he is open to being part of that committee. “I look forward to serving America if the opportunity arises,” Musk wrote on X.

Trump’s senior campaign adviser, Brian Hugheson a conference call with reporters before the speech, stressed that Trump will work with Musk to implement that proposal.

“Elon Musk, as the president has said, is a genius,” Hughes said.

Among the participants in today’s event are Steve MnuchinUS Treasury Secretary under Trump and now head of private equity firm Liberty Strategic Capital, and Cantor Fitzgerald CEO Howard Lutnick, who serves as co-chair of the Trump transition team.

On the campaign trail, Trump has often blamed Democratic candidate Kamala Harris – the current vice president of the US – for the rise in prices of everyday goods during the term of President Joe Biden.

While inflation has slowed over the past two years, many U.S. consumers are still unhappy with the higher prices they are forced to pay for food, gas and other goods, according to polls.

Trump is seen as a more capable manager of the economy than most voters. But his lead over Harris on the issue is receding, polls show.