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

How Poland’s Venezuelan oil deal exposed USDT loopholes

02/11/2026

Only 40 Crypto Firms Survive Brazil’s Strict Licensing Deadline

02/11/2026

Binance Re-enables SOL Withdrawals, Boosting User Confidence

02/11/2026
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 Bear Market Predicted in Contrary to Expectations! Analyst Points to $250,000, Gives a Date!

    02/11/2026

    A New Move for the Great Threat Awaiting 6.4 Million BTC! Here Are the Details

    02/11/2026

    Has the Bitcoin Selling Wave Stopped? Could $80,000 Be the Bottom? Glassnode Explains!

    02/11/2026

    “It Shouldn’t Close Above This Level This Week, or There Could Be a Sharp Drop”

    02/11/2026

    Ethereum Hosts 54% of All Stablecoins, Token Terminal Reports

    02/11/2026

    From strong demand to a 23-week outflow, how ETH ETF sentiment collapsed

    02/11/2026

    Ethereum’s staking queue jumps to $2.8B – Is an ETH season incoming?

    02/11/2026

    Machi Big Brother’s Ethereum (ETH) Long Reaches 2,925 ETH With $61,100 Unrealized Profit

    02/11/2026

    A Wallet Three Hours Old Minted Kimchi’s Coin and Routed Every Fee to One Address

    02/11/2026

    Why earning XRP yield through this wallet could actually cost you money

    02/11/2026

    Near Protocol Surges 5% Despite DFINITY Founder Slamming Its Tech

    02/11/2026

    RookieXBT Amplifies Viral Tweet on Kimchi Crossing Crypto

    02/11/2026

    PixieChess Confirms New Weekly Packs for Collectors on Base

    29/10/2026

    Fuzzy Launches Dynamic NFT Collection With Four Phases

    29/10/2026

    Machi’s NFT Sales Exceed 60 as Trader Faces $2.35M Loss

    28/10/2026

    SquiggleDAO Acquires NFT Through Decentralized Community

    24/10/2026

    How Poland’s Venezuelan oil deal exposed USDT loopholes

    02/11/2026

    Only 40 Crypto Firms Survive Brazil’s Strict Licensing Deadline

    02/11/2026

    Binance Re-enables SOL Withdrawals, Boosting User Confidence

    02/11/2026

    Bitcoin Bear Market Predicted in Contrary to Expectations! Analyst Points to $250,000, Gives a Date!

    02/11/2026
  • Blockchain

    Hedera Amplifies Important Insights on Tokenization from

    02/11/2026

    Sui Launches Hong Kong-Regulated Tokenized Gold

    02/11/2026

    NeoFS Node v0.58.0 enforces request validity windows, upgrades session encryption to HPKE

    02/11/2026

    Ripple President Breaks Down Why Tokenization Is Crypto’s Next Big Chapter

    02/11/2026

    Chainlink adds weekend pricing for tokenized assets, with Aave as launch partner

    02/11/2026
  • DeFi

    225 Million XRP Back $152 Million in Loans as December Repayment Deadlines Approach

    02/11/2026

    Aave Freezes tBTC Reserve After Threshold Pauses Minting and Redemptions

    02/11/2026

    Morpho Borrow Rates Hit Roughly 40% as PT Market Liquidity Dries Up

    02/11/2026

    What Zero LTV Means for an Existing Aave Loan

    02/11/2026

    Mantle Celebrates Record Growth with 34% Increase in DEX

    02/11/2026
  • 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

    How Poland’s Venezuelan oil deal exposed USDT loopholes

    02/11/2026

    Block Unleashes Bitcoin Lightning for x402, Powering AI Agents to Pay Themselves

    02/11/2026

    US Investors Want to up Their Crypto Holdings: Charles Schwab

    01/11/2026

    Fed minutes show most officials favored another rate hike by year end

    01/11/2026

    BlackRock’s ETHA drives a sixth straight day of ether ETF outflows as bitcoin funds add $119M

    01/11/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Binance Re-enables SOL Withdrawals, Boosting User Confidence

    02/11/2026

    Binance Restores Withdrawals for ARBITRUM and TRX Networks

    02/11/2026

    Binance Re-enables BTC Withdrawals Following Security Review

    02/11/2026

    KuCoin Announces MoU with Zumo for Quantum-Secure

    02/11/2026

    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

    FLOKI Ships Valhalla 1.13.2 ‘Special Delivery’ to Players on Mainnet

    27/10/2026

    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

    Bitcoin Mining Revenue Hits 11-Month High Despite Brutal Hashprice Decline

    02/11/2026

    AI wants Bitcoin miners’ power, but the contracts reveal who really gets paid

    02/11/2026

    As big bitcoin miners chase AI profits, individuals get another shot at the rewards

    31/10/2026

    Bitcoin mining difficulty hits 148 trillion as revenues fall to three-month lows

    31/10/2026

    Only 40 Crypto Firms Survive Brazil’s Strict Licensing Deadline

    02/11/2026

    This Week in Crypto Law (November 1, 2026)

    02/11/2026

    Crypto’s Washington playbook is working. Don’t abandon it now.

    02/11/2026

    Bank of Korea Surveys 31 Banks and Brokerages on Crypto Exposure

    02/11/2026

    How Poland’s Venezuelan oil deal exposed USDT loopholes

    02/11/2026

    Only 40 Crypto Firms Survive Brazil’s Strict Licensing Deadline

    02/11/2026

    Binance Re-enables SOL Withdrawals, Boosting User Confidence

    02/11/2026

    Bitcoin Bear Market Predicted in Contrary to Expectations! Analyst Points to $250,000, Gives a Date!

    02/11/2026
  • 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

How Poland’s Venezuelan oil deal exposed USDT loopholes

02/11/2026

Block Unleashes Bitcoin Lightning for x402, Powering AI Agents to Pay Themselves

02/11/2026

US Investors Want to up Their Crypto Holdings: Charles Schwab

01/11/2026

Fed minutes show most officials favored another rate hike by year end

01/11/2026
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

How Poland’s Venezuelan oil deal exposed USDT loopholes

02/11/2026

Only 40 Crypto Firms Survive Brazil’s Strict Licensing Deadline

02/11/2026

Binance Re-enables SOL Withdrawals, Boosting User Confidence

02/11/2026
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.