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

Bitcoin trapped below $86K as PCE changes cloud inflation reading

14/10/2026

Collector Crypt Logs $151 Million in Monthly Pack Sales

14/10/2026

BIS chief warns AI capex arms race relies on opaque debt, posing systemic risks

14/10/2026
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 trapped below $86K as PCE changes cloud inflation reading

    14/10/2026

    How Long Will Strategy Continue Buying Bitcoin (BTC)? Michael Saylor Explains, Sharing the Purchase Formula!

    14/10/2026

    Bitcoin Chart Echoes Cycle That Delivered 400% Gains: Analyst

    14/10/2026

    Bitcoin Price Faces $90,000 Wall as Whale Orders Stack Up—Here’s What’s Next

    14/10/2026

    Ethereum Liquidity on Binance Drops to Lowest in Seven Months

    14/10/2026

    Ethereum’s Vitalik Buterin Calls for Additional Rounds

    14/10/2026

    Ethereum Name Service plans major .eth overhaul with one irreversible catch for domain holders

    14/10/2026

    Ethereum’s 0x02 Validators Hit 40% Staked ETH, LidoFinance

    14/10/2026

    Cardano Transaction Activity Surges as Daily Transactions Hit 7-Day High

    14/10/2026

    Solana Positioned as Unified Financial Layer, Says Armani

    14/10/2026

    Cardano’s DeFi has shrunk by more than half and RealFi is betting credit can revive it

    14/10/2026

    Evernorth’s XRP ETF Nasdaq Listing Scheduled for October Date

    14/10/2026

    Collector Crypt Logs $151 Million in Monthly Pack Sales

    14/10/2026

    Pudgy Penguins gets support as billionaire buys 117 NFTs

    12/10/2026

    NFT sales rise to $39.85m as Pudgy Penguins jump 125%

    10/10/2026

    Flying Tulip’s NFT Options Market Tops $5 Million in Volume, Cronje Says

    06/10/2026

    Bitcoin trapped below $86K as PCE changes cloud inflation reading

    14/10/2026

    Collector Crypt Logs $151 Million in Monthly Pack Sales

    14/10/2026

    BIS chief warns AI capex arms race relies on opaque debt, posing systemic risks

    14/10/2026

    Cardano Transaction Activity Surges as Daily Transactions Hit 7-Day High

    14/10/2026
  • Blockchain

    Enel Group Tokenizes Solar Panels on Algorand, Boosting

    14/10/2026

    Optimism’s Unichain deal will put more chains under one operator

    14/10/2026

    What Changes Will a 200 Millisecond Interval Make? Here Are the Details

    14/10/2026

    Neo SPCC releases NeoFS REST Gateway v0.20.0, Panel v0.11.1

    14/10/2026

    Solana Surpasses All L1 and L2 Chains in App Revenue in Q3

    14/10/2026
  • DeFi

    Uniswap captures 47% of stablecoin DEX volume as Aerodrome stocks hit $2B

    13/10/2026

    Coinbase Issues $4.9M in Tokenized Stocks to Aave V4

    13/10/2026

    Coinbase-Backed Aave V4 Users Increase Stock Positions Each

    13/10/2026

    Uniswap Gains Attention as DeFi Venues Expand Trading Options

    13/10/2026

    Some Aave loans sit near liquidation with collateral that can take hours to cash out

    12/10/2026
  • 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

    BIS chief warns AI capex arms race relies on opaque debt, posing systemic risks

    14/10/2026

    He Made a Huge $5,000 Promise! How Will Bitcoin and Altcoins Be Affected?

    14/10/2026

    Nasdaq, Boerse Stuttgart, others ask EU to remove or increase cap in tokenization trial

    14/10/2026

    Hyperliquid and the future of finance

    14/10/2026

    EU finance groups push to remove tokenized securities cap

    14/10/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Crypto.com Announces Tokenized Stocks, A New Derivative

    14/10/2026

    Pumpfun Claims #3 Spot in Revenue Across All Chains

    14/10/2026

    PancakeSwap Focuses on Tokenization as Weekend Ends

    14/10/2026

    JP Morgan Recognizes Bybit Card as Game Changer in Crypto

    14/10/2026

    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 12 NFT games every player should know about in August 2026

    19/08/2026

    GameShame Studios founder details Raijin Protocol’s roadmap in NeoPod’s sixth AMA

    13/08/2026

    How BC.GAME is turning players into stakeholders

    04/08/2026

    YGG Play Shuts Down Services as Yield Guild Pivots to AI Data

    01/08/2026

    BitFuFu takes Bitcoin mining onchain with BTC-denominated HASH token

    14/10/2026

    IREN’s unconfirmed Anthropic deal tests miners’ AI cloud pivot

    13/10/2026

    Bitcoin miners face widening AI financing costs as lenders scrutinize deals

    13/10/2026

    Bitcoin miners face uneven borrowing costs for AI expansion

    12/10/2026

    Crypto’s heavy backing of Republicans alienated Democrats: Cuomo

    12/10/2026

    HMRC’s Proposed Crypto Powers Could Increase Physical Security Risks

    12/10/2026

    Thai SEC backs crypto ETFs with rules to protect Thai investors

    12/10/2026

    The CLARITY Act stalled. Crypto’s election money faces a Senate test

    12/10/2026

    Bitcoin trapped below $86K as PCE changes cloud inflation reading

    14/10/2026

    Collector Crypt Logs $151 Million in Monthly Pack Sales

    14/10/2026

    BIS chief warns AI capex arms race relies on opaque debt, posing systemic risks

    14/10/2026

    Cardano Transaction Activity Surges as Daily Transactions Hit 7-Day High

    14/10/2026
  • 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

BIS chief warns AI capex arms race relies on opaque debt, posing systemic risks

14/10/2026

He Made a Huge $5,000 Promise! How Will Bitcoin and Altcoins Be Affected?

14/10/2026

Nasdaq, Boerse Stuttgart, others ask EU to remove or increase cap in tokenization trial

14/10/2026

Hyperliquid and the future of finance

14/10/2026
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 trapped below $86K as PCE changes cloud inflation reading

14/10/2026

Collector Crypt Logs $151 Million in Monthly Pack Sales

14/10/2026

BIS chief warns AI capex arms race relies on opaque debt, posing systemic risks

14/10/2026
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.