will continue to moderate in 2025. 5. DOGE goes to Washington Elon Musk and Vivek Ramaswamy, who are leading Trump’s so-called Department of Government Efficiency, will meet with Republican congressional leaders on Dec. 5. House Speaker Mike Johnson, R-La., said lawmakers plan to “discuss major reform ideas to achieve regulatory rescissions, administrative reductions, and cost savings” with the pair of entrepreneurs. While Musk and Ramaswamy have proposed massive cuts to the federal workforce and even the elimination of entire agencies, it remains to be seen how much influence they will have. – CNBC’s Alex Harring, Melissa Repko, Gabrielle Fonrouge, Lim Hui Jie, Matt Clinch and Lora Kolodny contributed to this report.