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

Can Ethereum price rally past $2,400 as bullish metrics emerge?

26/03/2026

Record Dow? Not Today—Midday Reversal Hits US Equities

26/03/2026

Bitcoin Exchanges Upbit and Bithumb Announce Exciting News for These Altcoins! Here Are the Details

26/03/2026
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

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Can Ethereum price rally past $2,400 as bullish metrics emerge?

    26/03/2026

    Tom Lee’s Bitmine debuts MAVAN staking, stock advances

    26/03/2026

    ETH Eyes $2,000 Support as Foundation Plans 2029 Quantum Upgrade

    26/03/2026

    Ethereum Foundation prepares for quantum threat with new cryptography roadmap

    26/03/2026

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    Pudgy Penguins and Floki Lead NFT Social Activity as Engagement Hits New 2026 Heights

    26/03/2026

    NFT buyers surge 100% weekly, Ethereum dominates sales volume

    25/03/2026

    A Cautionary Tale of Crypto Leverage

    24/03/2026

    Top NFTs By Weekly Sales Volume

    23/03/2026

    Can Ethereum price rally past $2,400 as bullish metrics emerge?

    26/03/2026

    Record Dow? Not Today—Midday Reversal Hits US Equities

    26/03/2026

    Bitcoin Exchanges Upbit and Bithumb Announce Exciting News for These Altcoins! Here Are the Details

    26/03/2026

    Chainlink and Euroclear Partner to Solve Corporate Action Problem Across $46 Trillion in Custody

    26/03/2026
  • Blockchain

    Chainlink and Euroclear Partner to Solve Corporate Action Problem Across $46 Trillion in Custody

    26/03/2026

    Crypto broker Bitpanda launches blockchain to connect EU banks with tokenized assets

    26/03/2026

    Monument Bank to tokenized 250 million pounds of retail deposits in UK first

    26/03/2026

    Paxos Integrates Solana to Power Enterprise Stablecoin Solutions

    26/03/2026

    Cottonia AI and REI Network Partner to Build Scalable AI and Web3 Infrastructure

    26/03/2026
  • DeFi

    Unibase Taps PlutonAI to Empower the Intelligence of DeFi Agents

    26/03/2026

    Complete Guide to Elastic Supply Tokens’ Use in DeFi

    26/03/2026

    DeFi Can Rival TradFi Through Architectural Superiority, Not Risky Collateral

    26/03/2026

    Aave V4 moves idle stablecoins into yield strategies on autopiloit

    25/03/2026

    Balancer Labs shuts down 4 months after $100M+ exploit, protocol to continue

    25/03/2026
  • Metaverse

    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

    Meta to shutter Horizon Worlds metaverse on VR in favor of mobile

    18/03/2026

    Meta expands AI agent push with Moltbook acquisition

    10/03/2026
  • Regulation

    Record Dow? Not Today—Midday Reversal Hits US Equities

    26/03/2026

    Stablecoin showdown intensifies as banks fear deposit drain

    26/03/2026

    Market Vector memecoin index plunges 74% since January 2025

    26/03/2026

    Coinbase Price Projections Slashed By Analysts Ahead of Earnings

    26/03/2026

    BlackRock exec says 1% crypto allocation in Asia could unlock $2 trillion in new flows

    26/03/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Bitcoin Exchanges Upbit and Bithumb Announce Exciting News for These Altcoins! Here Are the Details

    26/03/2026

    From $44 Million Peak to $30,000 Left — How This Crypto Trader Lost Everything to Leverage

    26/03/2026

    Binance Founder Blacklists Anyone Selling Token Listings

    26/03/2026

    Pump.fun adds one-time cap on creator fee redirects to curb post-launch changes

    26/03/2026

    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

    Zach Lowe: Celtics’ offense struggles since Tatum’s return, Luka Doncic’s historic scoring season, and LeBron’s pivotal role in Lakers’ surprise playoff success

    23/03/2026

    Controversial Statements from the Solana Foundation President: “These Altcoins Are Dead”

    20/03/2026

    Dan Houser: “Goodfellas” revolutionized cinema and storytelling

    19/03/2026

    Pudgy Penguins Launched A New Game. Crypto Scammers Made A Fake Version

    18/03/2026

    Bitcoin Miner Supply Shock Hasn’t Arrived Yet, New Data Suggests

    26/03/2026

    Bitcoin Mining Margins Tighten as AI Pivot Accelerates, Coinshares Says

    26/03/2026

    Cipher Digital Stock Pops as Firm Bolsters Shift From Bitcoin Mining With 15-Year Data Center Deal

    25/03/2026

    Bitcoin miner concentration just exposed a gap in Bitcoin’s “six confirmations” rule

    25/03/2026

    Montgomery Toms: Lockdowns erode freedoms and burden future generations

    26/03/2026

    Yi-Ling Liu: China’s internet model sparks global envy and misunderstanding

    25/03/2026

    Caroline Pham: CFTC’s focus on foundational principles will enhance market integrity, why collaboration with SEC is essential, and the importance of a positive regulatory posture for crypto innovation

    25/03/2026

    Prediction markets get tailored U.S. guidance from former foe CFTC

    25/03/2026

    Can Ethereum price rally past $2,400 as bullish metrics emerge?

    26/03/2026

    Record Dow? Not Today—Midday Reversal Hits US Equities

    26/03/2026

    Bitcoin Exchanges Upbit and Bithumb Announce Exciting News for These Altcoins! Here Are the Details

    26/03/2026

    Chainlink and Euroclear Partner to Solve Corporate Action Problem Across $46 Trillion in Custody

    26/03/2026
  • 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

Record Dow? Not Today—Midday Reversal Hits US Equities

26/03/2026

Stablecoin showdown intensifies as banks fear deposit drain

26/03/2026

Market Vector memecoin index plunges 74% since January 2025

26/03/2026

Coinbase Price Projections Slashed By Analysts Ahead of Earnings

26/03/2026
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

Can Ethereum price rally past $2,400 as bullish metrics emerge?

26/03/2026

Record Dow? Not Today—Midday Reversal Hits US Equities

26/03/2026

Bitcoin Exchanges Upbit and Bithumb Announce Exciting News for These Altcoins! Here Are the Details

26/03/2026
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.