Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Bitcoin Could Rally if Fed Keeps Rates Steady, Grayscale Says

28/07/2026

Tori Finance Expands Accessibility with trUSD and strUSD on Pendle

28/07/2026

Ethereum Signals Bullish Reversal via Key MVRV Metric

28/07/2026
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Bitcoin Could Rally if Fed Keeps Rates Steady, Grayscale Says

    28/07/2026

    Bitcoin’s 19.5% Open Interest Drop Points to Healthier BTC Market

    28/07/2026

    30 days, $6.35B gone – What’s happening with Bitcoin ETFs?

    27/07/2026

    SpaceX’s $600 billion plunge erased nearly half of bitcoin’s market cap in three days.

    27/07/2026

    Ethereum Signals Bullish Reversal via Key MVRV Metric

    28/07/2026

    ETH/BTC Targets 0.035 as 0.03 Holds the Key

    26/07/2026

    Korean Financial Leaders Meet with Optimism and Ethereum Foundation in Seoul

    26/07/2026

    Why ETH’s $2K breakout could hinge on ONE missing signal

    26/07/2026

    Starknet Sets June 22 for v0.14.3 Mainnet Upgrade With Dynamic Fee Adjustments

    27/07/2026

    Monad developer proposes MIP-12 to shorten block times, boost network efficiency

    27/07/2026

    Top Cardano Contributor Leaves Ecosystem After Declaring Bankruptcy

    27/07/2026

    ZachXBT Implies Arthur Hayes Is a “Scammer” — Sold All the Altcoins He Had Praised

    27/07/2026

    Tensor HQ Declares NFTs Are Forever as Community Engagement Grows

    26/07/2026

    Jupiter Gacha Hits $20M in Volume, Signaling Strong Collector Interest

    26/07/2026

    Unserious Acquires Creepz as Psychrome Returns to Lead NFT Brand Revival

    23/07/2026

    Pudgy Penguins to Reach Millions with Target Placement

    21/07/2026

    Bitcoin Could Rally if Fed Keeps Rates Steady, Grayscale Says

    28/07/2026

    Tori Finance Expands Accessibility with trUSD and strUSD on Pendle

    28/07/2026

    Ethereum Signals Bullish Reversal via Key MVRV Metric

    28/07/2026

    Japan’s AZ-COM Maruwa Adopts JPYC Stablecoin for Carrier Payments in First Large-Scale Corporate Rollout

    28/07/2026
  • Blockchain

    Cosmos Announces Contribution to CBWeb3 Project for Tokenized Finance

    28/07/2026

    AAVE Now Natively Available on Solana, Says Wormhole

    27/07/2026

    Wormhole Confirms $SUI’s Launch on Solana Network

    27/07/2026

    Robinhood Chain’s Tokenized Stock Assets Surpass $70 Million as Network Activity Surges

    27/07/2026

    AXON Finance Deploys $AXON Token on Ethereum to Boost AI-Driven Payments

    27/07/2026
  • DeFi

    Tori Finance Expands Accessibility with trUSD and strUSD on Pendle

    28/07/2026

    Yearn, Aave, and Gearbox Climb Santiment’s Yield Farming Development Rankings as DeFi Building Shifts

    28/07/2026

    API3 Offers Free USDC Borrowing Against wstETH This Month

    27/07/2026

    Velodrome Reveals Aero, a New Liquidity Engine for Ethereum Users

    27/07/2026

    Frax’s frxUSD Joins Polygon’s Curve Finance, A Game Changer?

    27/07/2026
  • Metaverse

    Is Solana Gaming Back? Kintara Activity Fuels Renewed Optimism in Onchain MMOs

    24/06/2026

    The Sandbox launches AI game engine ‘The Sandbox Studio’ for next-generation creators

    10/06/2026

    Meta commits $13M in funding for Oversight Board through 2028

    29/05/2026

    Why Animoca’s Yat Siu says the future is 100 billion AI agents

    07/05/2026

    ‘8,000 Jobs’—Polymarket Sees Tech Layoff Surge As Meta AI Push Bites

    18/04/2026
  • Regulation

    The $1T network settling millions while banks sleep on weekends

    28/07/2026

    ‘New Definition of Pre-Rich,’ Binance’s CZ Reacts as Elon Musk Exits Trillionaire Club

    27/07/2026

    BlackRock, VanEck, Virtus InfraCap pour $756M into STRC – Details

    27/07/2026

    François Garcin sues MARA for €11M over unpaid Exaion fees

    27/07/2026

    Real-World Asset Value Climbs Over 10x to $30B, Says OKX

    27/07/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Japan’s AZ-COM Maruwa Adopts JPYC Stablecoin for Carrier Payments in First Large-Scale Corporate Rollout

    28/07/2026

    Dutch Exchange Bitvavo Moves $32.6 Million in Chainlink From Coinbase Prime

    27/07/2026

    Bitcoin Exchange Kraken’s Fed Master Account Stays Idle Four Months After Approval

    27/07/2026

    Upbit to Halt PROS Deposits and Withdrawals on July 26 for Pharos Hard Fork

    27/07/2026

    ICO market slows sharply with only six completions in 2026

    30/04/2026

    South Korea Poised to Lift Ban on Domestic ICOs After 7 Years

    19/12/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Top 11 NFT games to play in July 2026

    16/07/2026

    Yield Guild Games Sunsets YGG Play Publishing Unit, Cuts 35 Jobs

    06/07/2026

    GO1 and Xiaohai Set up Potential Rematch at EWC 2026 Fatal Fury Bracket in Paris

    06/07/2026

    Nexus Acquires Homegrown App Marketplace One Store, Expanding into Global Web3 Game Hub

    21/06/2026

    Bitcoin Mining Difficulty on Track for Historic First-Ever Annual Decline, PlanB Says

    27/07/2026

    Hydropower overtakes gas as Bitcoin mining power use jumps 38%

    27/07/2026

    Bitcoin is about to give miners a 16% lifeline, but $19 billion in AI deals is luring them away anyway

    27/07/2026

    Bitdeer Sells Entire 274.6 BTC Weekly Mined Output, Maintains Zero-Treasury Stance

    27/07/2026

    ADGM Approves Tether’s XAUT as an Accepted Spot Commodity

    28/07/2026

    Removal of CLARITY Act’s Section 604 Could Spark First Amendment Battle, Industry Executives Warn

    27/07/2026

    FATF Warns Incomplete Crypto Regulations Are Fueling Illicit Finance

    27/07/2026

    What is Section 13(3)? The Fed power crypto cannot use

    27/07/2026

    Bitcoin Could Rally if Fed Keeps Rates Steady, Grayscale Says

    28/07/2026

    Tori Finance Expands Accessibility with trUSD and strUSD on Pendle

    28/07/2026

    Ethereum Signals Bullish Reversal via Key MVRV Metric

    28/07/2026

    Japan’s AZ-COM Maruwa Adopts JPYC Stablecoin for Carrier Payments in First Large-Scale Corporate Rollout

    28/07/2026
  • MarketCap
NBTC News
Home»Regulation»D.O.G.E. Saves U.S. Taxpayers $84B in First Weeks of Trump’s Presidency, But Critics Slam Cost-Cutting Moves
Regulation

D.O.G.E. Saves U.S. Taxpayers $84B in First Weeks of Trump’s Presidency, But Critics Slam Cost-Cutting Moves

NBTCBy NBTC15/02/2025No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


In the first few weeks of President Donald Trump’s administration, the new Department of Government Efficiency (D.O.G.E.) has reportedly saved U.S. taxpayers an estimated $84 billion. That breaks down to about $4 billion each day, a number some media outlets have minimized. Yet, D.O.G.E. has drawn scrutiny over its spending practices and internal operations.

.@DOGE has saved U.S. taxpayers $84 BILLION and counting in just the first few weeks of Trump’s Presidency

That’s $4 BILLION per day, yet the media will tell you it’s insignificant pic.twitter.com/8DsnqE0p9t

— Chief Nerd (@TheChiefNerd) February 12, 2025

Elon Musk’s task force aimed at cutting federal spending has seen its budget grow since its inception. Financial filings reveal that the department’s allocation jumped from $6.75 million on January 30 to $14.4 million by February 8, indicating a boost in operational funding.

Related: FEMA Misused $59 Million—Elon Musk’s D.O.G.E. Demands Clawback

Although the aggressive cost-cutting measures aimed at reducing waste, D.O.G.E. has attracted criticism for its approach. Task force statements claim the savings resulted from halting unnecessary hiring, scaling back diversity, equity, and inclusion (DEI) programs, and ending improper payments to foreign organizations.

Critics Demand Spending Transparency

While D.O.G.E. has outlined several successful initiatives, it has also faced pushback from individuals such as entrepreneur Mark Cuban. Cuban first lauded the efforts, claiming that the task force exposed wasteful government spending.

However, his opinion shifted when reports surfaced that D.O.G.E. had spent nearly $7 million in taxpayer funds in one week. Cuban went public, urging the task force to “hide nothing” if its actions were proper.

Additionally, reports indicate that some of Musk’s team members, including unpaid engineers, collaborate with Trump allies within the task force. This mix of political ties raises further questions about the task force’s neutrality and effectiveness.

Claims of Misuse and Inefficiency

Musk has often lashed out at federal agencies for inefficiency, arguing that talented employees face obstacles from administrative management. He noted that many workers in agencies such as the Treasury Department find themselves blocked from implementing cost-saving reforms by bureaucratic resistance.

Related: Trump’s D.O.G.E. Initiative Cuts DEI Spending, Saves Over $1 Billion

In addition, D.O.G.E. has questioned the use of taxpayer funds in certain cases, including a report that FEMA allocated $59 million to luxury hotels in New York City to house migrants. Musk denounced this expense as “gross insubordination,” although FEMA has not responded.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Related Posts

The $1T network settling millions while banks sleep on weekends

28/07/2026

‘New Definition of Pre-Rich,’ Binance’s CZ Reacts as Elon Musk Exits Trillionaire Club

27/07/2026

BlackRock, VanEck, Virtus InfraCap pour $756M into STRC – Details

27/07/2026

François Garcin sues MARA for €11M over unpaid Exaion fees

27/07/2026
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Bitcoin Could Rally if Fed Keeps Rates Steady, Grayscale Says

28/07/2026

Tori Finance Expands Accessibility with trUSD and strUSD on Pendle

28/07/2026

Ethereum Signals Bullish Reversal via Key MVRV Metric

28/07/2026
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.