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

CME Puts Dominate Bitcoin Options as Traders Bet Against $60K Floor

29/06/2026

Ethereum down 45% YTD – So why do SharpLink and whales keep buying?

29/06/2026

GameStop will pursue eBay takeover despite initial rejection

29/06/2026
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

    CME Puts Dominate Bitcoin Options as Traders Bet Against $60K Floor

    29/06/2026

    Has Saylor’s Strategy Lost Its BTC Premium?

    29/06/2026

    Will Bitcoin price recover in July?

    29/06/2026

    Prediction Market Traders Give Bitcoin 76% Odds of Hitting $50K Before $100K

    29/06/2026

    Ethereum down 45% YTD – So why do SharpLink and whales keep buying?

    29/06/2026

    Relief Rally or Drop Below $1,385?

    29/06/2026

    Tom Lee’s Big Ethereum Bet Backfires as BMNR and BMNP Plunge

    29/06/2026

    Ethereum ETFs see $12.85M outflows – Why ETH bulls face an uphill battle

    29/06/2026

    XRP Price Hanging in the Balance

    29/06/2026

    Ripple President Monica Long to Share Vision for XRP at Major Event

    29/06/2026

    Chainlink Network Growth Surges With 6,100 New Addresses in Two Days

    29/06/2026

    How crypto turned $2k into over $600k in hours

    29/06/2026

    Element NFT Marketplace Expands Reach to Ink to Enhance NFT Accessibility

    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

    CME Puts Dominate Bitcoin Options as Traders Bet Against $60K Floor

    29/06/2026

    Ethereum down 45% YTD – So why do SharpLink and whales keep buying?

    29/06/2026

    GameStop will pursue eBay takeover despite initial rejection

    29/06/2026

    XRP Price Hanging in the Balance

    29/06/2026
  • Blockchain

    Arbitrum Highlights Efficiency Gains — Here’s Why It Matters

    29/06/2026

    JPMorgan Pilots Deposit Token JPMD on Base — Here’s Why It Matters

    29/06/2026

    ZKsync Assembles Institutional Infrastructure as Interest Grows

    29/06/2026

    Continental Partners With Securitize for Digital Securities

    27/06/2026

    Funton.ai Partners with Echobit Exchange, Expanding Blockchain Gaming Experience with Crypto Applications

    27/06/2026
  • DeFi

    Kuvi Labs Partners with AI-Pay with Crypto, Strengthening DeFi with Decentralized Agentic Infrastructure

    29/06/2026

    A $223M DAO vote could turn governance into a cash-out button

    29/06/2026

    Inside Pendle’s Latest Yield Offering — What It Means for Users

    29/06/2026

    Why USDC Just Launched the Steakhouse Confidential Prime Vault on Morpho

    29/06/2026

    Pioneering zk-rollup Loopring closes DEX, citing lack of adoption

    29/06/2026
  • 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

    GameStop will pursue eBay takeover despite initial rejection

    29/06/2026

    Fed stress tests reveal whether banks can survive a 10% unemployment shock

    29/06/2026

    Crypto’s next frontier isn’t crypto, it’s financing AI and robotics, Framework’s Anderson says

    29/06/2026

    Backpack Amplifies Launch of $DRAM Tokenized ETF on Solana

    29/06/2026

    Tron Plans Public Listing with Eric Trump’s Involvement

    29/06/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Polymarket Allegedly Paid Adin Ross Millions to Promote It as Insider-Trading Scrutiny Builds

    29/06/2026

    Bullish becomes first centralized exchange to list SoFiUSD stablecoin

    29/06/2026

    Robinhood Adds Spot GRAM Trading, Expanding Crypto Offerings for Retail Investors

    29/06/2026

    Kucoin Plugs Into Argentina’s Transferencias 3.0, Bringing Crypto to QR Checkouts

    29/06/2026

    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 flash another warning for BTC bulls

    29/06/2026

    Fidelity rebuts claims Bitcoin becomes less secure after halvings

    28/06/2026

    ChangXin Memory Technologies secures IPO approval to raise over $4B in China’s biggest chip listing

    28/06/2026

    Russia Plans Wider Crypto Mining Ban Across Key Regions From July

    28/06/2026

    Crypto perps’ US future will now be defined by what regulators decide to call them

    29/06/2026

    South Korea’s Ruling Party Engages Solana Policy Institute on Digital Asset Law Reform

    29/06/2026

    Republicans now use crypto more than Democrats

    29/06/2026

    Bank of England eases stablecoin rules, introduces 40-billion-pound issuance cap

    29/06/2026

    CME Puts Dominate Bitcoin Options as Traders Bet Against $60K Floor

    29/06/2026

    Ethereum down 45% YTD – So why do SharpLink and whales keep buying?

    29/06/2026

    GameStop will pursue eBay takeover despite initial rejection

    29/06/2026

    XRP Price Hanging in the Balance

    29/06/2026
  • 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

GameStop will pursue eBay takeover despite initial rejection

29/06/2026

Fed stress tests reveal whether banks can survive a 10% unemployment shock

29/06/2026

Crypto’s next frontier isn’t crypto, it’s financing AI and robotics, Framework’s Anderson says

29/06/2026

Backpack Amplifies Launch of $DRAM Tokenized ETF on Solana

29/06/2026
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

CME Puts Dominate Bitcoin Options as Traders Bet Against $60K Floor

29/06/2026

Ethereum down 45% YTD – So why do SharpLink and whales keep buying?

29/06/2026

GameStop will pursue eBay takeover despite initial rejection

29/06/2026
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.