Bill Ackman said on Friday that he'd serve under Elon Musk in the Trump administration. Musk has promised "temporary hardship" for Americans under a budget-cutting plan. Billionaires are lining up to serve in President-elect Donald Trump ‘s incoming administration, especially those eager to cut federal assistance programs.

Shelton is an economic advisor to the Trump administration, and was nominated unsuccessfully by the former president for a position at the Federal Reserve. In the past, she has also been critical of government bureaucracy and the power of the Federal Reserve over the economy and asset markets.

Given the key role Elon Musk played in bringing Trump back to office, the newly vocal Silicon Valley right expects a bonanza of industry and “innovation”-friendly de-regulation — and they are celebrating it,

Then, with help from another of his investments, X, and with the unhinged relentlessness he brings to all of his ventures, Musk led the unlikely rehabilitation and return of Donald Trump. Now the question looms: What price will Musk exact for his investment?

In an interview on the “Joe Rogan Experience” podcast released Monday night, Musk said he hopes to “curtail [federal] agencies to be much smaller,” make sure they “stick