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

Another Manipulation Alert in the Cryptocurrency Market! Analyst Points to 4 Altcoins! Here Are the Details

07/09/2026

FlareNetworks Launches Investor Relations Dashboard

07/09/2026

Strategy needs to monetize BTC after buying time with digital credit framework, Galaxy Research

07/09/2026
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

    Strategy needs to monetize BTC after buying time with digital credit framework, Galaxy Research

    07/09/2026

    Michael Saylor Publishes 953-Hour Leadership Curriculum Culminating in Bitcoin

    07/09/2026

    Can $400M Morgan Stanley inflows help BTC reclaim $65K?

    07/09/2026

    A Quantum Computer Could One Day Break Crypto Security — Coinbase Is Preparing Now

    07/09/2026

    Ethereum holders return to profit – Can ETH hold $2500?

    06/09/2026

    Machine learning algorithm sets Ethereum price on September 30, 2026

    06/09/2026

    Ethereum price retests $2,550 as RSI nears 67

    06/09/2026

    Can ETH Clear $2,560 After Thursday’s 5% Rally?

    06/09/2026

    Another Manipulation Alert in the Cryptocurrency Market! Analyst Points to 4 Altcoins! Here Are the Details

    07/09/2026

    World Liberty Financial Team Moves $2.3M in WLFI to Bybit, Raising Sell-Off Concerns

    07/09/2026

    XRP Biggest Problem Isn’t Utility, but Value Capture, Altcoin Daily Founder Says

    07/09/2026

    Polkadot ETF realized $4.52 of loss per $1 in staking rewards

    07/09/2026

    NFT sales surge 55.6% as BNB Chain overtakes Ethereum for first time

    06/09/2026

    OpenSea Users Demand ETH/USD Switcher Amid Frustration

    05/09/2026

    Kento’s Digital Art Cards Hit 2,000% of Kickstarter Goal in 24 Hours

    04/09/2026

    Cardano Founder Criticizes TapTools Relaunch

    03/09/2026

    Another Manipulation Alert in the Cryptocurrency Market! Analyst Points to 4 Altcoins! Here Are the Details

    07/09/2026

    FlareNetworks Launches Investor Relations Dashboard

    07/09/2026

    Strategy needs to monetize BTC after buying time with digital credit framework, Galaxy Research

    07/09/2026

    World Liberty Financial Team Moves $2.3M in WLFI to Bybit, Raising Sell-Off Concerns

    07/09/2026
  • Blockchain

    FlareNetworks Launches Investor Relations Dashboard

    07/09/2026

    Chainalysis Announces HyperEVM Support for Token Tracking

    07/09/2026

    Solana Launches Payment Channels, Enabling 1M Transactions

    07/09/2026

    Ebitts Platform Launches in Italy, Powered by Algorand’s

    07/09/2026

    SWIFT Services Provider Taps Chainlink to Bring 600 Banks Onchain

    07/09/2026
  • DeFi

    Tokenized Stocks on Solana Reach $79.1M in DeFi Deposits

    07/09/2026

    Robinhood’s Tokenized Stocks Lead DeFi Deposits

    07/09/2026

    Tokenized Stocks on Uniswap V4 Reach $59.1M, Outpacing

    07/09/2026

    Aave lending proposal would grant emergency powers without requiring public reports on their use

    07/09/2026

    DeFi Lending Faces Record 32 Price-Manipulation Exploits

    07/09/2026
  • 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

    Global Tokenized Stocks Surge 273% as South Korea’s STO Legislation Stalls

    06/09/2026

    AI Agents Could Transform How Money Moves Across the Internet

    05/09/2026

    Ether Products Lead $600M Crypto ETP Flow Rebound in July

    05/09/2026

    Younger Investors Are Looking Beyond Stocks and Bonds, Grayscale Says

    05/09/2026

    Bakkt promised a $44 trillion payment revolution, but its key acquisition made just €5,315

    05/09/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Top 6 Meme Coins To Invest In 2026 And How To Buy Each Memecoin Safely

    07/09/2026

    Tools You Need For Memecoins Trading

    07/09/2026

    Cantor opens Kalshi prediction markets to thousands of institutional clients

    06/09/2026

    HSBC, Standard Chartered execute first live banking transaction on Swift’s 24/7 ledger

    06/09/2026

    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 Miners Unplug 23% as AI Revenue Surges 52%

    07/09/2026

    Difficulty Rises, Hashprice Rips 22% as Bitcoin Hashrate Stalls

    06/09/2026

    India’s Solar Surplus Hits a New Problem: Could Bitcoin Mining Help?

    06/09/2026

    Wall Street is turning AI’s massive electricity appetite into a $61 billion bond market

    06/09/2026

    Crypto political group details list of U.S. congressional allies its backing this year

    05/09/2026

    Crypto advocacy groups oppose Illinois digital asset tax in court

    05/09/2026

    Block Bits Founder Guilty After $960K Crypto Bot Pitch Implodes

    05/09/2026

    CFTC, US soldier accused of illegal Polymarket bet spar over interpretation of prediction markets

    05/09/2026

    Another Manipulation Alert in the Cryptocurrency Market! Analyst Points to 4 Altcoins! Here Are the Details

    07/09/2026

    FlareNetworks Launches Investor Relations Dashboard

    07/09/2026

    Strategy needs to monetize BTC after buying time with digital credit framework, Galaxy Research

    07/09/2026

    World Liberty Financial Team Moves $2.3M in WLFI to Bybit, Raising Sell-Off Concerns

    07/09/2026
  • 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

Global Tokenized Stocks Surge 273% as South Korea’s STO Legislation Stalls

06/09/2026

AI Agents Could Transform How Money Moves Across the Internet

05/09/2026

Ether Products Lead $600M Crypto ETP Flow Rebound in July

05/09/2026

Younger Investors Are Looking Beyond Stocks and Bonds, Grayscale Says

05/09/2026
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

Another Manipulation Alert in the Cryptocurrency Market! Analyst Points to 4 Altcoins! Here Are the Details

07/09/2026

FlareNetworks Launches Investor Relations Dashboard

07/09/2026

Strategy needs to monetize BTC after buying time with digital credit framework, Galaxy Research

07/09/2026
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.