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

Hyperliquid Listed on MAS’s IAL — Implications for Market Participants

28/07/2026

Binance gains $300M in tokenized stocks – Why THIS level is BNB’s next hurdle

28/07/2026

Zcash Miner Fortitude Powers Up Nebraska Facility as It Eyes Public Listing

28/07/2026
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

    Analyst Discusses the Fate of Bitcoin and Altcoins

    28/07/2026

    Analysts Eye One Final Drop Before Bottom

    28/07/2026

    Saylor Buys More BTC as Market Tests $65K

    28/07/2026

    Bitcoin Price Rises Above $65,000 as ETF Outflows Slow, Iran Deal and Fed Pull in Opposite Directions

    28/07/2026

    Ethereum Whale Continues Buying, Made Large Purchases of This Coin Alongside ETH! Here Are the Details

    28/07/2026

    Bitmine buys more ether as Tom Lee says rising ETH/BTC ratio points to stronger crypto prices

    28/07/2026

    Why Ethereum’s $83M capital inflow could signal ETH’s next rally

    28/07/2026

    Lido begins moving $16.5 billion in staked ether to cut validator count by a third

    28/07/2026

    Where Is XRP Headed? Ripple CTO Emeritus Details Evolving Use Cases

    28/07/2026

    ‘More stable returns’ – Ethena expands RWA exposure with AAA-rated CLO funds

    28/07/2026

    Internet Computer Approaches 300 Billion Transactions as Network Activity Reaches 289 Billion

    28/07/2026

    Toncoin Crashes to $1.53 as Key Ecosystem Services Face Major Outages

    28/07/2026

    Tensor HQ Declares NFTs Are Forever as Community Engagement Grows

    26/07/2026

    Jupiter Gacha Hits $20M in Volume, Signaling Strong Collector Interest

    26/07/2026

    Unserious Acquires Creepz as Psychrome Returns to Lead NFT Brand Revival

    23/07/2026

    Pudgy Penguins to Reach Millions with Target Placement

    21/07/2026

    Hyperliquid Listed on MAS’s IAL — Implications for Market Participants

    28/07/2026

    Binance gains $300M in tokenized stocks – Why THIS level is BNB’s next hurdle

    28/07/2026

    Zcash Miner Fortitude Powers Up Nebraska Facility as It Eyes Public Listing

    28/07/2026

    Candy Digital Enables Secondary Trading on Solana via Magic Eden

    28/07/2026
  • Blockchain

    Candy Digital Enables Secondary Trading on Solana via Magic Eden

    28/07/2026

    Robinhood Chain’s real-world assets jump fivefold as tokenized stocks start trading in bigger size

    28/07/2026

    Phantom Drops Monad Support to Integrate Robinhood Chain

    28/07/2026

    How to bridge to StableChain: The complete route map

    28/07/2026

    Metaone Taps ZKcandy to Begin AI-Driven On-Chain Gaming

    28/07/2026
  • DeFi

    syrupUSDC Sees Significant Inflows, Now Holds $2.9B in Assets

    28/07/2026

    Tori Finance Expands Accessibility with trUSD and strUSD on Pendle

    28/07/2026

    Yearn, Aave, and Gearbox Climb Santiment’s Yield Farming Development Rankings as DeFi Building Shifts

    28/07/2026

    API3 Offers Free USDC Borrowing Against wstETH This Month

    27/07/2026

    Velodrome Reveals Aero, a New Liquidity Engine for Ethereum Users

    27/07/2026
  • 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

    Gen Z Investors Are Rewriting TradFi Rules With a Disciplined NVIDIA-First Strategy

    28/07/2026

    Bitcoin is now fighting the ECB’s €51.8 billion bond wall for a shrinking pool of capital

    28/07/2026

    ARK Invest buys $251K of BitMine, Solana ETF

    28/07/2026

    Polymarket Cuts US-Iran Ceasefire Odds as Fresh Strike Risks Rattle Crypto Markets

    28/07/2026

    4 Things That May Move Crypto Markets This Week as Fed Rate Hike Odds Increase

    28/07/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Binance gains $300M in tokenized stocks – Why THIS level is BNB’s next hurdle

    28/07/2026

    XRP Binance Withdrawals Hit Two-Year High, Transaction Imbalance Mirrors Setup Before 66% Rally

    28/07/2026

    Hyperliquid’s Share of Perpetual Futures Open Interest Hits Record 9.4%

    28/07/2026

    OKX Launches 5 Million Midnight Token Airdrop for European Users

    28/07/2026

    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

    Zcash Miner Fortitude Powers Up Nebraska Facility as It Eyes Public Listing

    28/07/2026

    Bitcoin Mining Difficulty on Track for Historic First-Ever Annual Decline, PlanB Says

    27/07/2026

    Hydropower overtakes gas as Bitcoin mining power use jumps 38%

    27/07/2026

    Bitcoin is about to give miners a 16% lifeline, but $19 billion in AI deals is luring them away anyway

    27/07/2026

    Hyperliquid Listed on MAS’s IAL — Implications for Market Participants

    28/07/2026

    South Korea probed 40 cases of crypto manipulation over 2 years

    28/07/2026

    South Korea Regulators to Brief Ruling Party on Second-Stage Digital Asset Bill

    28/07/2026

    BIS Discusses How Stablecoins Affect Bank Lending and Fiscal Space

    28/07/2026

    Hyperliquid Listed on MAS’s IAL — Implications for Market Participants

    28/07/2026

    Binance gains $300M in tokenized stocks – Why THIS level is BNB’s next hurdle

    28/07/2026

    Zcash Miner Fortitude Powers Up Nebraska Facility as It Eyes Public Listing

    28/07/2026

    Candy Digital Enables Secondary Trading on Solana via Magic Eden

    28/07/2026
  • 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

Gen Z Investors Are Rewriting TradFi Rules With a Disciplined NVIDIA-First Strategy

28/07/2026

Bitcoin is now fighting the ECB’s €51.8 billion bond wall for a shrinking pool of capital

28/07/2026

ARK Invest buys $251K of BitMine, Solana ETF

28/07/2026

Polymarket Cuts US-Iran Ceasefire Odds as Fresh Strike Risks Rattle Crypto Markets

28/07/2026
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

Hyperliquid Listed on MAS’s IAL — Implications for Market Participants

28/07/2026

Binance gains $300M in tokenized stocks – Why THIS level is BNB’s next hurdle

28/07/2026

Zcash Miner Fortitude Powers Up Nebraska Facility as It Eyes Public Listing

28/07/2026
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.