Control of the House of Representatives is still being decided, but it looks like Republicans will run the Senate. The Senate is in charge of approving an incoming president’s cabinet members — including top economic posts, like Commerce and Treasury secretary.
Billionaire Elon Musk has promised to help cut government spending by $2 trillion — possibly with an assist from investor John Paulson, who is reportedly among contenders to be the next U.S. Treasury Secretary.
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