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

What Will the Fed Do About Interest Rates for the Rest of the Year? Latest Poll Results Include Big Changes!

27/06/2026

Cardano Foundation and SENAI São Paulo Announce Strategic Multi‑Year Partnership

27/06/2026

Prediction Markets Gain Mainstream Support as Voters Reject Bans

27/06/2026
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 ETFs post June’s biggest daily outflows as BTC falls below $60K

    27/06/2026

    Investors’ June Predictions Revealed After the Recent Decline! What is Expected for Bitcoin (BTC), Ethereum (ETH), and XRP Prices?

    27/06/2026

    “Not a Noisy Crash, but a Quiet Decline”

    27/06/2026

    Senior Analyst Issues Critical Warning About Bitcoin for Early July

    27/06/2026

    Ethereum Whales Who Waited Eight Years Have Started Selling! Here’s How Much Profit They Made

    27/06/2026

    Former Ethereum Foundation leader warns of funding gap as governance shifts

    27/06/2026

    Is a Crash to $1,000 Coming Next?

    27/06/2026

    Experienced Analyst Sets $1,060 Target for Ethereum (ETH) and Predicts What Might Happen Next

    25/06/2026

    Cardano Foundation and SENAI São Paulo Announce Strategic Multi‑Year Partnership

    27/06/2026

    Cardano Active Addresses Explode to Multi-Year High as ADA Hits 2020 Lows

    27/06/2026

    COZ distributes 667 NEO across five projects in Proof of Working 2.8

    27/06/2026

    Top Ripple Partnerships and Expansions in H1 2026

    27/06/2026

    Why is Pudgy Penguins (PENGU) Trending? What You Need to Know

    22/06/2026

    Top 10 NFT Performers by Trading Volume, Courtyard Outshines

    22/06/2026

    Pudgy Penguins expands retail footprint with Target trading card rollout

    20/06/2026

    Collectible NFTs in focus during nations 250th anniversary

    12/06/2026

    What Will the Fed Do About Interest Rates for the Rest of the Year? Latest Poll Results Include Big Changes!

    27/06/2026

    Cardano Foundation and SENAI São Paulo Announce Strategic Multi‑Year Partnership

    27/06/2026

    Prediction Markets Gain Mainstream Support as Voters Reject Bans

    27/06/2026

    What Will Happen Now That Binance Has Failed to Obtain a License in Europe? The CEO Speaks Out

    27/06/2026
  • Blockchain

    Chad taps Aptos blockchain to bring sovereign climate assets to international markets

    27/06/2026

    MetYa and Trikon Join Forces to Connect AI Agents, SocialFi, and PayFi

    27/06/2026

    Claw Intelligence Joins Block Sec Arena to Advance Web3 Security

    27/06/2026

    Base delays Beryl upgrade by one day ahead of B20 activation

    27/06/2026

    Manadia Joins Origins Network to Advance Scalable AI-Powered Blockchain Ecosystems

    26/06/2026
  • DeFi

    Global Financial Giants Standard Chartered and Grayscale Announce 2030 Price Prediction for Popular DeFi Project!

    27/06/2026

    Can the AAVE Token Really Hit $3,500?

    26/06/2026

    Aave founder rejects 70% discount sale claim amid Kraken stake talks

    26/06/2026

    AFX Launches Mainnet Points Program to Reward Real Traders, Liquidity Providers, and Communities

    25/06/2026

    Hashi Adds Cumberland, Fluid, and SwissBorg to Its Institutional Lineup Before Global Testnet

    25/06/2026
  • 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

    What Will the Fed Do About Interest Rates for the Rest of the Year? Latest Poll Results Include Big Changes!

    27/06/2026

    Virtuals’ Jansen Teng says AI agents are evolving into autonomous economic actors

    27/06/2026

    Securitize expects to raise $400 million as tokenization firm nears public debut

    27/06/2026

    Morgan Stanley Has Revised Its Forecasts on What the Fed Will Do With Interest Rates

    27/06/2026

    Wall Street abandons rate-cut hopes ahead of Kevin Warsh’s first FOMC

    26/06/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    What Will Happen Now That Binance Has Failed to Obtain a License in Europe? The CEO Speaks Out

    27/06/2026

    Spain rejects MiCA deadline extensions for unlicensed crypto firms

    27/06/2026

    Binance stops services to EU clients after failing to obtain MiCA licence

    27/06/2026

    Kalshi secures World Cup branding deal through ADI Predictstreet

    27/06/2026

    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

    Nexus Acquires Homegrown App Marketplace One Store, Expanding into Global Web3 Game Hub

    21/06/2026

    GMATRIXS and Plum Protocol Partner to Blend GameFi with Meme Assets, Driving Multi-Chain Web3 User Experience

    16/06/2026

    Crypto game studio Uncharted to shutdown along with Fishing Frenzy

    15/06/2026

    Pudgy Penguins Halts Web3 Mobile Game Pudgy Party to Focus on Pudgy World

    14/06/2026

    Bitcoin Miners Operating at Break-Even as Industry Faces ‘Most Complex Restructuring’

    27/06/2026

    Oman Requires Licensed Bitcoin Miners to Join National Pool

    26/06/2026

    GoMining mines first Stratum V2 Bitcoin block using DMND pool

    26/06/2026

    Bitplanet Signs Agreement with Antalpha to Launch Bitcoin Mining Operations

    26/06/2026

    Prediction Markets Gain Mainstream Support as Voters Reject Bans

    27/06/2026

    U.S. House Democrat, who may soon run key committee, condemns crypto in 401(k)s

    27/06/2026

    Anti-trafficking group says Clarity Act’s Section 604 could weaken accountability

    27/06/2026

    Trump refusal to sign housing bill threatens Clarity Act timeline

    26/06/2026

    What Will the Fed Do About Interest Rates for the Rest of the Year? Latest Poll Results Include Big Changes!

    27/06/2026

    Cardano Foundation and SENAI São Paulo Announce Strategic Multi‑Year Partnership

    27/06/2026

    Prediction Markets Gain Mainstream Support as Voters Reject Bans

    27/06/2026

    What Will Happen Now That Binance Has Failed to Obtain a License in Europe? The CEO Speaks Out

    27/06/2026
  • 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

What Will the Fed Do About Interest Rates for the Rest of the Year? Latest Poll Results Include Big Changes!

27/06/2026

Virtuals’ Jansen Teng says AI agents are evolving into autonomous economic actors

27/06/2026

Securitize expects to raise $400 million as tokenization firm nears public debut

27/06/2026

Morgan Stanley Has Revised Its Forecasts on What the Fed Will Do With Interest Rates

27/06/2026
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

What Will the Fed Do About Interest Rates for the Rest of the Year? Latest Poll Results Include Big Changes!

27/06/2026

Cardano Foundation and SENAI São Paulo Announce Strategic Multi‑Year Partnership

27/06/2026

Prediction Markets Gain Mainstream Support as Voters Reject Bans

27/06/2026
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.