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

Standard Chartered unlocks direct bitcoin and ether trading for affluent UAE clients

25/10/2026

BTC Holds $80K as ETF Outflows Hit $82M

25/10/2026

Robinhood CEO Vlad Tenev sold his Class A stock to zero… again

25/10/2026
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

    BTC Holds $80K as ETF Outflows Hit $82M

    25/10/2026

    Strive Bitcoin Holdings Reach 35,595 BTC As Wall Street Raises Price Target 27%

    25/10/2026

    Saylor’s Insights from ParaFi Investor Day

    25/10/2026

    Analyst Claims Bitcoin Price Could Reach $95,000

    25/10/2026

    An Ethereum OG Who Bought at $18 Just Cashed out $7.23 Million

    25/10/2026

    Ethereum stays below $2,400 as geopolitical tensions trigger long liquidations

    25/10/2026

    Lido Prepares Hoodi Testnet Rollback Following Ethereum’s Glamsterdam Delay

    25/10/2026

    Ethereum sees biggest exchange withdrawal in four months as October ETF losses top $1 billion

    25/10/2026

    Filecoin Plans to Shift Block Rewards Toward Paid Storage

    25/10/2026

    INJ Surges 27%, Outpacing NEAR and Sei

    25/10/2026

    Unagi Puts Persona and Ultimate Champions Up for Sale in Liquidation

    25/10/2026

    Not From Ryoshi? Shiba Inu Founder’s Mystery Takes Turn With Fresh Detail Uncovered

    25/10/2026

    SquiggleDAO Acquires NFT Through Decentralized Community

    24/10/2026

    Collector Crypt Reports Record $24.3 Million Day

    22/10/2026

    Yuga Labs Launches Mudwater Trading-Card NFTs on Solana

    22/10/2026

    Is It Still the Best NFT Marketplace?

    21/10/2026

    Standard Chartered unlocks direct bitcoin and ether trading for affluent UAE clients

    25/10/2026

    BTC Holds $80K as ETF Outflows Hit $82M

    25/10/2026

    Robinhood CEO Vlad Tenev sold his Class A stock to zero… again

    25/10/2026

    Filecoin Plans to Shift Block Rewards Toward Paid Storage

    25/10/2026
  • Blockchain

    Solana Amplifies LI.FI Announcement of Intents Launch

    25/10/2026

    Base Amplifies Announcement of Multi-Network Access via Keeper

    25/10/2026

    Optimism Partners with Meritz Securities for Korean

    25/10/2026

    Polygon Amplifies BIG UNLOCK for Enterprises

    25/10/2026

    Robinhood Chain revenue reached $51M in Q3, topping Ethereum’s $41M

    25/10/2026
  • DeFi

    Llamalend v2 Delivers High Yields on $syrupUSDC

    25/10/2026

    Aave changes USDT borrowing rules and loan costs suddenly jump

    25/10/2026

    Uniswap Confirms cirBTC Dominance on arc with 90% Trading

    25/10/2026

    Bramble Wallet Gains Support on Leading DeFi Apps Following

    25/10/2026

    sUSDS Looping Launches on Pendle, Says Sky in Recent Post

    25/10/2026
  • Metaverse

    Exploring the Future of the Metaverse

    19/10/2026

    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
  • Regulation

    Robinhood CEO Vlad Tenev sold his Class A stock to zero… again

    25/10/2026

    Bitfinex Securities launches tokenized fund offerings using Tether’s Hadron

    25/10/2026

    Bank of England signals no rush on the digital pound weeks before it’s due to decide

    25/10/2026

    US accounting overhaul could make stablecoins more attractive to corporations: Tempo

    25/10/2026

    Bitfinex’s tokenized funds include one targeting 8%–12% in Bitcoin

    25/10/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Standard Chartered unlocks direct bitcoin and ether trading for affluent UAE clients

    25/10/2026

    Kraken Parent Payward Wins Full Dubai License, Plans UAE Launch

    25/10/2026

    Binance’s XRP Whale Outflows Moving 6x Faster Than the Broader Market

    25/10/2026

    SBI, KB Card plan crypto payments for Japan tourists in South Korea

    25/10/2026

    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

    Bitcoin Hashrate Shrugs off the AI Unplug, Regaining 1 ZH/s Level

    25/10/2026

    15 Mining Companies Back Tether’s MDK as AI Agents Move Into Bitcoin Data Centers

    25/10/2026

    Tether’s MDK Gains Broad Industry Backing to Accelerate the Next Generation of Bitcoin Mining Automation

    24/10/2026

    Heatbit’s $899 Water Heater Element Mines Bitcoin While It Heats Your Tank

    23/10/2026

    Bulgaria tightens crypto tax rules, targets self-custody withdrawals

    25/10/2026

    Which Projects Publish Auditable Code

    25/10/2026

    CFTC Exempts Crypto and Prediction Markets Software Providers From Broker Classification

    25/10/2026

    FCA targets three London sites in renewed P2P cryptocurrency trading crackdown

    24/10/2026

    Standard Chartered unlocks direct bitcoin and ether trading for affluent UAE clients

    25/10/2026

    BTC Holds $80K as ETF Outflows Hit $82M

    25/10/2026

    Robinhood CEO Vlad Tenev sold his Class A stock to zero… again

    25/10/2026

    Filecoin Plans to Shift Block Rewards Toward Paid Storage

    25/10/2026
  • 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

Robinhood CEO Vlad Tenev sold his Class A stock to zero… again

25/10/2026

Bitfinex Securities launches tokenized fund offerings using Tether’s Hadron

25/10/2026

Bank of England signals no rush on the digital pound weeks before it’s due to decide

25/10/2026

US accounting overhaul could make stablecoins more attractive to corporations: Tempo

25/10/2026
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

Standard Chartered unlocks direct bitcoin and ether trading for affluent UAE clients

25/10/2026

BTC Holds $80K as ETF Outflows Hit $82M

25/10/2026

Robinhood CEO Vlad Tenev sold his Class A stock to zero… again

25/10/2026
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.