Trump Efficiency Co-Chief Elon Musk Calls Fed ‘Overstaffed’ (1)

Elon Musk, the billionaire tasked with making the US government more efficient come January, has zeroed in on the Federal Reserve.

The central bank in charge of protecting the world’s largest economy is “absurdly overstaffed,” Musk wrote on social-media platform X. The remarks were part of a thread that began with another individual posting about the Fed’s latest policy decision. Musk, a prolific social-media commentator, didn’t expand on the remark.

Musk has become one of Trump’s closest advisers as the latter prepares to return to the White House, and is set to lead up a new agency — ...