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

UK’s tokenization roadmap aims to generate $44.15B annually by 2035

05/08/2026

Avalanche Foundation Sets Out Its Economic Research Agenda With Clear Streams and Priorities

05/08/2026

Coinbase Says ‘It’s Time to Get It Over the Finish Line’

05/08/2026
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

    “It’s Still Too Early for Bitcoin to Hit Bottom, These Levels Could Be Seen!”

    05/08/2026

    Tomorrow Is a Critical Day—Fed Will Announce Its Interest Rate Decision—Here’s What You Need to Know

    05/08/2026

    Bitcoin DeFi’s demand problem is becoming harder to ignore

    05/08/2026

    Bitcoin DeFi Pivots to Institutions as Liquidity Shrinks, Rootstock Exec Says

    05/08/2026

    Ethereum’s Network Is Booming, So Why Is ETH Still Underperforming?

    04/08/2026

    BitMEX Founder Arthur Hayes Made a Large Purchase of This Altcoin! Here Are the Details

    04/08/2026

    Abraxas Capital Moves $61.2M USDT to Bitfinex, Supplies 40,000 ETH to Spark

    04/08/2026

    Can ETH Break $2,000 as ETH/BTC Ratio Forms a Cup and Handle?

    04/08/2026

    Avalanche Foundation Sets Out Its Economic Research Agenda With Clear Streams and Priorities

    05/08/2026

    Aptos crosses 4.5 billion total transactions as daily activity hits record

    05/08/2026

    “It Will Be 60 Times…”

    05/08/2026

    ENS Scales Back Plan to Move DAO Treasury Control to New Foundation

    05/08/2026

    What Happens to Your Attendance NFTs?

    04/08/2026

    StonkBrokers NFT on Robinhood hits $12.6K in 2 weeks: Can momentum hold?

    04/08/2026

    Top NFT Sales of the Week, Ethereum Dominates with $52.2M Sale

    02/08/2026

    Are NFTs Dead in 2026? What Happened to the Market

    29/07/2026

    UK’s tokenization roadmap aims to generate $44.15B annually by 2035

    05/08/2026

    Avalanche Foundation Sets Out Its Economic Research Agenda With Clear Streams and Priorities

    05/08/2026

    Coinbase Says ‘It’s Time to Get It Over the Finish Line’

    05/08/2026

    Coinbase CEO touts agentic finance as Base tops 100M AI payments

    05/08/2026
  • Blockchain

    The Hashgraph Group Launches Partner Network as Enterprises Prepare for Agentic AI

    05/08/2026

    Bitgo Shifts WBTC Infrastructure to Chainlink in Security Push

    05/08/2026

    how JPMorgan, Citi, and Wells Fargo are rebuilding settlement rails

    05/08/2026

    Tether Evo Publishes Three AI Studies to Advance Brain-Computer Interfaces

    05/08/2026

    Roam Joins Tabi to Power AI Agent Architecture Across Decentralized Networks

    05/08/2026
  • DeFi

    1inch Aqua liquidity hands full custody control to DeFi traders on 13 chains

    04/08/2026

    DeFi Curated Vault Market Grows to $7.18B Despite Lending TVL Decline

    04/08/2026

    DeFi Platform Drops Consumer App, Pivots to Big Tech OTC Lending After 75% Revenue Crash

    04/08/2026

    What are intents and solvers? The invisible layer executing your DeFi trades

    04/08/2026

    ValueQube Taps X-Agent to Build AI-Readable DeFi Asset Infrastructure

    04/08/2026
  • 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

    UK’s tokenization roadmap aims to generate $44.15B annually by 2035

    05/08/2026

    Market Size, Trends, and What’s Driving Growth in 2026

    05/08/2026

    Bitcoin tops $64,000 as cooling U.S. inflation guts the Fed rate-hike trade

    05/08/2026

    UK plans first G7 digital sovereign bond by early 2027

    05/08/2026

    TeraWulf stock falls after New York pauses new data center permits

    05/08/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Coinbase CEO touts agentic finance as Base tops 100M AI payments

    05/08/2026

    Coupang and Woori Bank Complete Stablecoin Test for Real-Time Coupang Eats Merchant Settlements

    05/08/2026

    F2Pool co-founder-linked address moves $6.7M in ETH and BTC to Binance

    05/08/2026

    Binance App Removed from Google Play in Parts of Europe Amid MiCA Licensing Hurdles

    05/08/2026

    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

    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

    why gameplay now beats crypto rewards

    29/07/2026

    From NFT gaming to mining simulators

    29/07/2026

    ‘Crypto King’ Barry Silbert Shares Huge Power Milestone for Zcash (ZEC) Mining

    05/08/2026

    MARA Opens Slipstream to the Public as Coldcard Victims Race to Escape

    05/08/2026

    It Could Significantly Change BTC

    05/08/2026

    Facing a severe cash crunch, Bitcoin miner Sphere 3D quietly prepares to dilute its shareholders by a staggering 50%

    04/08/2026

    Coinbase Says ‘It’s Time to Get It Over the Finish Line’

    05/08/2026

    Inside the CME and CFTC’s battle over onchain perpetual futures

    05/08/2026

    “Let’s Get It Done with a Single License!” Here Are the Details

    05/08/2026

    India Issues New Crypto Reporting Guidelines for Exchanges Under CARF

    05/08/2026

    UK’s tokenization roadmap aims to generate $44.15B annually by 2035

    05/08/2026

    Avalanche Foundation Sets Out Its Economic Research Agenda With Clear Streams and Priorities

    05/08/2026

    Coinbase Says ‘It’s Time to Get It Over the Finish Line’

    05/08/2026

    Coinbase CEO touts agentic finance as Base tops 100M AI payments

    05/08/2026
  • 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

UK’s tokenization roadmap aims to generate $44.15B annually by 2035

05/08/2026

Market Size, Trends, and What’s Driving Growth in 2026

05/08/2026

Bitcoin tops $64,000 as cooling U.S. inflation guts the Fed rate-hike trade

05/08/2026

UK plans first G7 digital sovereign bond by early 2027

05/08/2026
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

UK’s tokenization roadmap aims to generate $44.15B annually by 2035

05/08/2026

Avalanche Foundation Sets Out Its Economic Research Agenda With Clear Streams and Priorities

05/08/2026

Coinbase Says ‘It’s Time to Get It Over the Finish Line’

05/08/2026
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.