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

Tether says it completed long-promised ‘Big Four’ audit of finances behind $180 billion USDT stablecoin

02/09/2026

Pump.fun Sells Another $12.5M in SOL as Solana Rally Continues

02/09/2026

Ripple CTO Emeritus Slams Kalshi CFTC Argument

02/09/2026
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

    Has Bitcoin Bottomed? What the Data, the CEOs and the Banks Actually Say

    02/09/2026

    D-Wave CEO Warns Quantum Computing Could Eventually Break Bitcoin’s Proof-of-Work

    02/09/2026

    Bitcoin Swings Resume After Fed Holds Rates Steady and Traders Reassess Outlook

    02/09/2026

    Why Hyperscale Data Isn’t the Easy Buy It Appears

    02/09/2026

    Can ETH Blast Toward $2,750 Next?

    01/09/2026

    Why Ethereum’s exit queue hitting 0 may not be a good sign – Yet

    01/09/2026

    Ethereum reclaims KEY level after 108 days – Why $2,500 matters next

    01/09/2026

    A 36-day staking bottleneck is costing Ethereum depositors over $350,000 in lost rewards daily

    01/09/2026

    Pump.fun Sells Another $12.5M in SOL as Solana Rally Continues

    02/09/2026

    Solana’s 50,000 SOL security contest did not cover a clock attack disclosed months earlier

    02/09/2026

    TRON Rolls Out Mandatory GreatVoyage v4.8.2 ‘Pyrrho’ Upgrade

    02/09/2026

    Grayscale Withdraws Cardano, Polkadot and Hedera ETF Filings

    02/09/2026

    NFT platforms market growth eyes $80B as sports fuels demand

    01/09/2026

    Pudgy Penguins and OpenSea unite for Collector Park NYC festival Sept. 3

    30/08/2026

    NFT sales fall 44.7% to $63.3M as Ethereum leads

    29/08/2026

    32 NFT predictions that aged like milk

    25/08/2026

    Tether says it completed long-promised ‘Big Four’ audit of finances behind $180 billion USDT stablecoin

    02/09/2026

    Pump.fun Sells Another $12.5M in SOL as Solana Rally Continues

    02/09/2026

    Ripple CTO Emeritus Slams Kalshi CFTC Argument

    02/09/2026

    Blockchain 24/7 markets priced oil’s Iran shock while Wall Street was closed

    02/09/2026
  • Blockchain

    Tasa Hawai’i Connected to Helium

    02/09/2026

    Hanwha Group Winds Down Blockchain Units in South Korea and the U.S.

    02/09/2026

    Mercuryo Drives Stablecoin Onboarding for Polygon Users

    02/09/2026

    Avail Network Halts Block Production for 40 Minutes; Operations Resume

    02/09/2026

    Etherscan adjusts to AI agent internet takeover with API rollout on 60+ EVM chains

    01/09/2026
  • DeFi

    Crypto.com-promoted Tectonic forces Cronos to halt, rewind

    01/09/2026

    Dialectic plans SpaceX DeFi vault that lets holders borrow without selling

    01/09/2026

    DeFi Development prices $19.8M CHAD stock offering

    01/09/2026

    AerodromeFi Envisions Onchain Future for Stocks

    01/09/2026

    Firelight raises $8 million, expands beyond XRP as it aims to make DeFi less scary for fintechs

    01/09/2026
  • 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

    Tether says it completed long-promised ‘Big Four’ audit of finances behind $180 billion USDT stablecoin

    02/09/2026

    Tether Completes the Largest Inaugural Financial Audit in History

    02/09/2026

    Why SEC’s tokenization push matters for crypto

    02/09/2026

    Saturn adds Ondo tokenized stocks to STRC products

    02/09/2026

    Tempo Launches Embedded Yield Product for Platforms, Starting With Deel

    02/09/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Blockchain 24/7 markets priced oil’s Iran shock while Wall Street was closed

    02/09/2026

    Coinbase Expands Spot Trading With BASECAT and DRB Listings

    02/09/2026

    Crypto Weekly Volume Doubles to $37B in Five Days, But August Momentum Slows

    02/09/2026

    CME Group adds ENA reference rates across three regions

    02/09/2026

    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

    Bitcoin leads Ethereum and Solana in decentralization, ARK finds

    02/09/2026

    Bitcoin’s 316-day hashrate drought shows why AI could make this mining downturn harder to reverse

    02/09/2026

    Hut 8’s Texas power site sits inside Anthropic’s $35 billion AI deal

    01/09/2026

    AI data centers are learning the power trick Bitcoin miners mastered first

    01/09/2026

    Ripple CTO Emeritus Slams Kalshi CFTC Argument

    02/09/2026

    Taliban effectively bans crypto trading across Afghanistan, arrests traders

    02/09/2026

    What Happens to Bitcoin, Ethereum and XRP if the CLARITY Act Passes?

    02/09/2026

    Kalshi ruling puts CFTC prediction rules at risk

    02/09/2026

    Tether says it completed long-promised ‘Big Four’ audit of finances behind $180 billion USDT stablecoin

    02/09/2026

    Pump.fun Sells Another $12.5M in SOL as Solana Rally Continues

    02/09/2026

    Ripple CTO Emeritus Slams Kalshi CFTC Argument

    02/09/2026

    Blockchain 24/7 markets priced oil’s Iran shock while Wall Street was closed

    02/09/2026
  • 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

Tether says it completed long-promised ‘Big Four’ audit of finances behind $180 billion USDT stablecoin

02/09/2026

Tether Completes the Largest Inaugural Financial Audit in History

02/09/2026

Why SEC’s tokenization push matters for crypto

02/09/2026

Saturn adds Ondo tokenized stocks to STRC products

02/09/2026
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

Tether says it completed long-promised ‘Big Four’ audit of finances behind $180 billion USDT stablecoin

02/09/2026

Pump.fun Sells Another $12.5M in SOL as Solana Rally Continues

02/09/2026

Ripple CTO Emeritus Slams Kalshi CFTC Argument

02/09/2026
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.