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

Vertex Ventures investment backs dtcpay funding as firm targets European stablecoin payment expansion

28/04/2026

SEI Price Jumps 5% Ahead of EVM-Only Migration

28/04/2026

Binance Founder CZ Predicts the Future of Cryptocurrency – “The Word Cryptocurrency Will Disappear Within 5 Years”

28/04/2026
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

    Beware of the Calm in Bitcoin! According to Bitfinex Analysts, We Could See $60,000 Again!

    28/04/2026

    Analyst Reveals How To Trade The Bitcoin Cycle, Predicts When Price Will Hit $215,000

    28/04/2026

    Bitcoin Sits 45% Below Its Peak As Short Sellers Absorb $276M In Losses

    28/04/2026

    Bitcoin drops toward $68,000 as demand weakens and whales sell

    28/04/2026

    Charts Hint At Recovery Phase Before Larger Rally

    28/04/2026

    Why A Surge to $3,400 Could Be The Beginning

    28/04/2026

    Ethereum Buyers Stepping In Right Now Are the Most Aggressive Since Early 2023: Is the Bottom In?

    28/04/2026

    Ethereum Price Drops Below $2,350, Recovery Hopes Start To Fade

    28/04/2026

    SEI Price Jumps 5% Ahead of EVM-Only Migration

    28/04/2026

    World LibertyFi’s USD1 Is Now Live In The Zebec Super App: Details

    28/04/2026

    dYdX DAO Proposal Secures Crucial $10M USDC Funding for Decentralized Governance Expansion

    28/04/2026

    ZeroStax’s $107M 0G Token Acquisition Accelerates Decentralized AI Infrastructure Race

    28/04/2026

    Are NFTs signaling a market shift? THESE indicators say yes

    28/04/2026

    Bored Ape NFT prices jump 81 percent as sales drop

    28/04/2026

    NFTs Attempt Another Comeback as Blue Chips Surge

    28/04/2026

    Pudgy Penguins, BAYC rally masks a shrinking NFT market as volumes and users fall

    27/04/2026

    Vertex Ventures investment backs dtcpay funding as firm targets European stablecoin payment expansion

    28/04/2026

    SEI Price Jumps 5% Ahead of EVM-Only Migration

    28/04/2026

    Binance Founder CZ Predicts the Future of Cryptocurrency – “The Word Cryptocurrency Will Disappear Within 5 Years”

    28/04/2026

    Huobi founder Li Lin taps Bitfire to recover $760M in disputed Bitcoin

    28/04/2026
  • Blockchain

    Mastercard joins the blockchain security push — why it matters now

    28/04/2026

    HashKey’s tokenization roadmap could reshape Web3 finance — and the agent economy

    27/04/2026

    Bondex Integrates World ID to Launch Human-Verified Talent Layer for Web3 Hiring

    27/04/2026

    PinGo Integrates With manadia to Power On-Chain Compute Tracking in Potion

    27/04/2026

    NodeOps Network Brings No-Code AI to the BNB Chain Ecosystem

    27/04/2026
  • DeFi

    Aave DAO Governance Vote to Pause Buybacks — KelpDAO Fallout Continues

    28/04/2026

    Stargate Finance Launches On Injective Blockchain, Bringing Multichain Liquidity For wETH And DeFi Applications

    28/04/2026

    Lava Protocol Partners With N7 Capital To Expand Tokenized Asset/DeFi Solution Access To Global Investors

    28/04/2026

    Sky Proposes to Streamline Treasury Management

    28/04/2026

    They Will Suspend the Token Buyback

    28/04/2026
  • Metaverse

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

    18/04/2026

    Planet Hares Partners With Magne.AI To Bridge Web3 Metaverse With Smartphone Mobile-Ready Applications For Mass Adoption

    08/04/2026

    Mark Zuckerberg’s Meta launches new AI initiative after metaverse retreat

    25/03/2026

    Meta partners with Arm to develop new CPUs for AI deployments

    24/03/2026

    Land values capitulate as $24M metaverse plot collapses to just $9,000

    20/03/2026
  • Regulation

    Vertex Ventures investment backs dtcpay funding as firm targets European stablecoin payment expansion

    28/04/2026

    S&P 500 financial stocks form the first Death Cross since 2023

    28/04/2026

    Alibaba unveils Wukong AI agent platform ahead of earnings

    28/04/2026

    Ironlight Raises $21M for Tokenized Markets

    28/04/2026

    Mastercard Highlights Growing Use of Crypto Cards for Routine Transactions

    28/04/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Huobi founder Li Lin taps Bitfire to recover $760M in disputed Bitcoin

    28/04/2026

    Bitcoin Exchange Binance’s US Branch Binance.US Lowers Trading Fees! Here Are the Details

    28/04/2026

    “It Will Be a Golden Age”

    28/04/2026

    Coinbase taps UK‑regulated tGBP in local‑currency stablecoin push

    28/04/2026

    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

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    B.AI and CROSS Transform the Future of AI in Web3 Gaming

    28/04/2026

    Tomoland Partners With Anome Protocol To Advance Web3 Gaming Engagement With DeFi Applications

    25/04/2026

    GameFi is effectively dead as 93% of projects collapse

    23/04/2026

    More than 90% of Web3 games failed after $15 billion boom as gamers never showed up: Caladan

    23/04/2026

    Bernstein sees IREN pivoting from Bitcoin mining to $3.7B AI cloud business

    28/04/2026

    Tether launches open-source mining framework to unify Bitcoin infrastructure

    28/04/2026

    Luxor expands MicroBT partnership with $100 million mining rig deal

    27/04/2026

    Miners Beat Bitcoin by 70% in 2026 as Terawulf Locks $12.8B in AI Contracts

    27/04/2026

    Binance Founder CZ Predicts the Future of Cryptocurrency – “The Word Cryptocurrency Will Disappear Within 5 Years”

    28/04/2026

    MiCA has made euro stablecoins safe but weak, new report argues

    28/04/2026

    Trump Walks Back Prediction Market Criticism, Says ‘Smart People’ He Knows Like Them

    28/04/2026

    Fed Chair Jerome Powell’s Term Is Coming to an End – Will He Stay or Will He Go?

    28/04/2026

    Vertex Ventures investment backs dtcpay funding as firm targets European stablecoin payment expansion

    28/04/2026

    SEI Price Jumps 5% Ahead of EVM-Only Migration

    28/04/2026

    Binance Founder CZ Predicts the Future of Cryptocurrency – “The Word Cryptocurrency Will Disappear Within 5 Years”

    28/04/2026

    Huobi founder Li Lin taps Bitfire to recover $760M in disputed Bitcoin

    28/04/2026
  • 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

Related Posts

Vertex Ventures investment backs dtcpay funding as firm targets European stablecoin payment expansion

28/04/2026

S&P 500 financial stocks form the first Death Cross since 2023

28/04/2026

Alibaba unveils Wukong AI agent platform ahead of earnings

28/04/2026

Ironlight Raises $21M for Tokenized Markets

28/04/2026
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

Vertex Ventures investment backs dtcpay funding as firm targets European stablecoin payment expansion

28/04/2026

SEI Price Jumps 5% Ahead of EVM-Only Migration

28/04/2026

Binance Founder CZ Predicts the Future of Cryptocurrency – “The Word Cryptocurrency Will Disappear Within 5 Years”

28/04/2026
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.