The Musk-Ramaswamy Commission begins talking government cuts.

I'm David Brancaccio in New York. There are new details on the Department of Government

Efficiency, you could call it, not a government agency, but a kind of commission headed by

tech billionaire Elon Musk and entrepreneur Vivek Ramoswamy being set up with the support

of the president-elect.

Writing in the Wall Street Journal this week, the two entrepreneurs outlined their approach to cutting the federal workforce, although it's not yet clear which programs would be recommended for cuts. Marketplaces Nancy Marshall-Gensar has more.

Musk and Ramoswami say their Department of Government efficiency will, quote, cut the federal government down to size. They want all federal employees to go back to the office five days a week. Musk has said it's possible to cut at least two trillion dollars from the federal budget. The op-ed doesn't mention that number, but it does pledge to take aim at what it calls $500 billion

plus in federal spending, it says, wasn't authorized by Congress or is being used in ways

Congress didn't intend. Congress officially has the power of the purse, deciding how much to

spend on what and when. There is a law that prohibits the president from clawing back

expenditures authorized by Congress. Musk and Ramoswami also say they'll slash government

regulations. Musk companies X and SpaceX are regulated by the federal government.

Musk and Ramoswami are sure to face legal challenges, but they point to recent Supreme Court rulings

that limit federal agencies rulemaking authority. I'm Nancy Marshall-Genzor for Marketplace.

The real estate market continues to be shaped by WFH, working from home. The government says roughly

a third of U.S. employees do some or all of their work

remotely. And the St. Louis Federal Reserve has a new report on people who moved to a different

state. For people who work more remotely, the move tends to be motivated by housing preferences.

For those who work more in the office, people move because the job moves. Marketplaces,

Elizabeth Troval has more. As today's work from homers make real estate decisions, their calculus gets to be more about

what they care about. Allie Wolfe is with real estate data firm Zonda.

Do I want to live somewhere that's affordable? Do I want to live somewhere that has good weather?

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