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

VanEck Bets BNB’s Real-World Usage Can Help Its ETF Stand Out

22/07/2026

SPI Urges CFTC to Modernize Rules for Blockchain Innovation

22/07/2026

Arbitrum Tokenization Growth Hits 240K Holders, but RWA Cap Sits at $12.66M

22/07/2026
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

    ChatGPT, Claude Fable and Grok Forecast Whether Satoshi’s 1.1M Bitcoin Fortune Ever Moves

    22/07/2026

    Saylor Takes ‘Digital Credit’ Pitch to Goldman Sachs as Strategy’s Bitcoin-Backed Lending Tops $11 Billion

    22/07/2026

    Michael Saylor rage quits another interview

    22/07/2026

    Polymarket Traders Give Bitcoin Just 21% Odds of Hitting $70K in July, Even as ETF Money Returns

    21/07/2026

    Why is Ethereum falling after briefly breaking above the $1,930 level?

    21/07/2026

    Former Ethereum Foundation researcher Francesco D’Amato joins Ethlabs

    21/07/2026

    Ethereum Drops 4%, but Analysts Still See a Path Toward $2,245 and Beyond

    21/07/2026

    Bitmine nears its Ethereum buying limit – Now it needs demand to make the bet pay off

    21/07/2026

    VanEck Bets BNB’s Real-World Usage Can Help Its ETF Stand Out

    22/07/2026

    Evernorth CEO Highlights XRP Role as Institutional Bridge in Tokenized Markets Expansion

    22/07/2026

    Siren crypto crashes 75% after major whale offloads 17 million tokens

    22/07/2026

    Top Cardano Builder Breaks Down After Years of Sacrifice, Reconsiders ADA Conviction

    21/07/2026

    Pudgy Penguins to Reach Millions with Target Placement

    21/07/2026

    Top 10 NFT Performers by Weekly Sales Volume: Courtyard Outshines

    20/07/2026

    Claynosaurz Launched a Miniseries on Amazon Prime Video

    16/07/2026

    Jeffrey Huang Sells BAYC NFT at Loss to Boost Ethereum Long Position

    14/07/2026

    VanEck Bets BNB’s Real-World Usage Can Help Its ETF Stand Out

    22/07/2026

    SPI Urges CFTC to Modernize Rules for Blockchain Innovation

    22/07/2026

    Arbitrum Tokenization Growth Hits 240K Holders, but RWA Cap Sits at $12.66M

    22/07/2026

    ChatGPT, Claude Fable and Grok Forecast Whether Satoshi’s 1.1M Bitcoin Fortune Ever Moves

    22/07/2026
  • Blockchain

    Arbitrum Tokenization Growth Hits 240K Holders, but RWA Cap Sits at $12.66M

    22/07/2026

    Blockchain.com invests in OpenWorld to expand RWA tokenization and institutional services

    22/07/2026

    Pundi X Labs Joins X-Agent to Advance AI Agents with Decentralized Data

    22/07/2026

    Zap Wallet Debuts by Jack Mallers, Enhancing Lightning Network Accessibility

    21/07/2026

    Solana DePIN Fee Generation Defies Sector-Wide Cooldown

    21/07/2026
  • DeFi

    Aave Shares Update on V4 Deposits — What This Means for DeFi Demand

    22/07/2026

    Major Whale Moves $191M in USDC to Aave — What It Means for the Market

    20/07/2026

    PancakeSwap Announces AMM v2 and v3 Launch on Robinhood Crypto

    20/07/2026

    EdgeX V2 Launches Native USDC Yield Vault Built with Gauntlet

    20/07/2026

    Pendle Finance Promotes Yield Opportunities — And What It Signals

    19/07/2026
  • 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

    Shinhan joins rival banking alliance to discuss won stablecoin, intensifying sector competition

    22/07/2026

    OpenPayd Targets Nasdaq Debut Through $1.1 Billion SPAC Merger with Titan Acquisition

    22/07/2026

    Twenty One has four days to fix NYSE non-compliance

    22/07/2026

    Crypto investment firm Keyrock is acquiring bankrupt lender Blockfills

    21/07/2026

    Blockchain Association Backs U.S. Proposal to Allow Crypto in 401(k) Retirement Plans

    21/07/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    OKX, MetaMask, Matter Labs back dispute resolution court for AI agents

    21/07/2026

    Bybit App Removed from Google Play Store in South Korea Amid Regulatory Pressure

    21/07/2026

    Backpack launches 24-hour US stock trading with real shares, not derivatives

    21/07/2026

    EdgeX Restructures, Unveils Plans for 24-Hour Trading With RWA and AI Features

    21/07/2026

    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 11 NFT games to play in July 2026

    16/07/2026

    Yield Guild Games Sunsets YGG Play Publishing Unit, Cuts 35 Jobs

    06/07/2026

    GO1 and Xiaohai Set up Potential Rematch at EWC 2026 Fatal Fury Bracket in Paris

    06/07/2026

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

    21/06/2026

    Dogecoin Co-Founder Slams Ending Merge Mining

    21/07/2026

    Malaysia seized 75,000 mining rigs. The grid wars are real

    21/07/2026

    Bitdeer mined 990 BTC in June, up 388% from a year earlier

    21/07/2026

    LM Funding America Rebrands as PowerCompute, Shifts Focus to AI and HPC Infrastructure

    21/07/2026

    SPI Urges CFTC to Modernize Rules for Blockchain Innovation

    22/07/2026

    DOJ charges inmate over alleged $290K forfeited crypto theft

    22/07/2026

    Russia Moves to Monitor Every Crypto Transaction Above 60,000 Rubles

    22/07/2026

    SEC Reviews Over 24 Prediction Market ETFs, Including Contracts on 2028 Election and Bitcoin Price

    22/07/2026

    VanEck Bets BNB’s Real-World Usage Can Help Its ETF Stand Out

    22/07/2026

    SPI Urges CFTC to Modernize Rules for Blockchain Innovation

    22/07/2026

    Arbitrum Tokenization Growth Hits 240K Holders, but RWA Cap Sits at $12.66M

    22/07/2026

    ChatGPT, Claude Fable and Grok Forecast Whether Satoshi’s 1.1M Bitcoin Fortune Ever Moves

    22/07/2026
  • 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

Shinhan joins rival banking alliance to discuss won stablecoin, intensifying sector competition

22/07/2026

OpenPayd Targets Nasdaq Debut Through $1.1 Billion SPAC Merger with Titan Acquisition

22/07/2026

Twenty One has four days to fix NYSE non-compliance

22/07/2026

Crypto investment firm Keyrock is acquiring bankrupt lender Blockfills

21/07/2026
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

VanEck Bets BNB’s Real-World Usage Can Help Its ETF Stand Out

22/07/2026

SPI Urges CFTC to Modernize Rules for Blockchain Innovation

22/07/2026

Arbitrum Tokenization Growth Hits 240K Holders, but RWA Cap Sits at $12.66M

22/07/2026
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.