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

Who is Responsible for the Fall of Bitcoin and Altcoins? The Debate is Growing

02/02/2026

Trustless AI agent standard could hit Ethereum mainnet on Thursday

02/02/2026

Intel shares surge 11% to four-year high ahead of Q4 earnings call

01/02/2026
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

    Trustless AI agent standard could hit Ethereum mainnet on Thursday

    02/02/2026

    Bitmine stakes additional 113,280 ETH, totaling $7B in staked assets: On-chain data

    01/02/2026

    Ethereum Staking Grows With DATs Holding 5.5% of ETH Supply

    01/02/2026

    Ethereum Price Breaks Back To $3K As Traders Question Follow-Through

    01/02/2026

    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

    Ink-based Perp DEX Nado Airdrops Official NFT Collection

    31/01/2026

    Rodeo becomes 2nd NFT platform to announce closure this week

    28/01/2026

    MoonPay Inks 8-Figure Title Sponsorship Deal for Upcoming X Games League

    25/01/2026

    NFT sales jump 101% to $122.5m as CryptoPunks see a modest 25% recovery

    24/01/2026

    Who is Responsible for the Fall of Bitcoin and Altcoins? The Debate is Growing

    02/02/2026

    Trustless AI agent standard could hit Ethereum mainnet on Thursday

    02/02/2026

    Intel shares surge 11% to four-year high ahead of Q4 earnings call

    01/02/2026

    U.S. Senate Set for Major Crypto Regulation Vote Tomorrow

    01/02/2026
  • Blockchain

    NuNet Joins Serverista to Broaden Access to Decentralized Computing Across Globe

    01/02/2026

    Creditlink and InitVerse Join Forces to Revolutionize Web3 Development with On-Chain Identity and Automated SaaS

    01/02/2026

    Real‑Estate Tokenization Registry Processes Prohibited in São Paulo

    01/02/2026

    Lighter teams up with Axiom to roll out EVM rollup

    01/02/2026

    Visa Stablecoin Expands Across Multiple Blockchains in 2026

    01/02/2026
  • DeFi

    Phoenix Finance Joins ATT Global to Drive DePIN-Powered Yield via Real-World Advertising Assets

    01/02/2026

    NYSE’s 24/7 plan could fix key problem for stock tokens, Ondo’s de Bode says

    01/02/2026

    sUSD Depeg Crisis Deepens as Stablecoin Plunges to Alarming $0.7215

    31/01/2026

    Zeus Network Joins Titan for Efficient DeFi Liquidity

    31/01/2026

    Whale Moves $6M Into XAUT and Supplies It to Aave V3

    31/01/2026
  • Metaverse

    Corning shares surge over 16% after Meta signs $6B data center deal

    27/01/2026

    Mark Zuckerberg’s Meta signs $6B fiber deal with Corning to expand US data centers

    27/01/2026

    Meta to cut 10% of metaverse arm this week amid AI push: Report

    13/01/2026

    Yuga Labs Acquires Otherside Creator Platform From Improbable

    27/12/2025

    Meta CEO Mark Zuckerberg Made a Decision That Will Deeply Affect Metaverse Projects! Here Are the Details

    05/12/2025
  • Regulation

    Intel shares surge 11% to four-year high ahead of Q4 earnings call

    01/02/2026

    Why a $778 Billion Mortgage Lender Is Taking Bitcoin and Ethereum Seriously Now

    01/02/2026

    Strategy manager wrong about BTC backing STRC

    01/02/2026

    Private credit may be the breakout use case for tokenization: Maple’s Sidney Powell

    01/02/2026

    Digital ruble transactions will be free for Russians, central bank executive claims

    01/02/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Who is Responsible for the Fall of Bitcoin and Altcoins? The Debate is Growing

    02/02/2026

    Wintermute CEO defends Binance over October 10 crypto market crash

    01/02/2026

    Onchain Perp DEX Trading Accelerates With Nearly $1T in 30-Day Volume

    01/02/2026

    Why everyone is blaming Binance for the bitcoin crash that won’t end

    01/02/2026

    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

    W3GG Taps Lussaio to Revolutionize Web3 Gaming Experience with Earning Rewards

    01/02/2026

    Funton.AI Partners with Optiview to Advance Web3 Game Asset Ownership and Security  

    30/01/2026

    Brave Bets on Social Heist Puzzles to Pull Players Into Its Gaming Push

    29/01/2026

    ‘Forgotten Runiverse’ on Ethereum Network Ronin Is the Latest Crypto Gaming Casualty

    28/01/2026

    US Winter Storm Weighs on Bitcoin Mining Network, Cryptoquant Finds

    31/01/2026

    CoreWeave shows how crypto-era infrastructure quietly became AI’s backbone

    31/01/2026

    Bitcoin Mining Profits Hit 14-Month Low After Winter Storm Rocks Miners: CryptoQuant

    31/01/2026

    Biggest Miner Capitulation Since 2021 Warning Hits Cryptocurrency Market

    29/01/2026

    U.S. Senate Set for Major Crypto Regulation Vote Tomorrow

    01/02/2026

    Former SEC Commissioner’s Bold Call for Retirement Plan Revolution

    01/02/2026

    Minister urges Polish companies to relocate to crypto-friendly Latvian climate

    01/02/2026

    UK Lords launch stablecoin inquiry as BoE moves to finalize systemic rules

    01/02/2026

    Who is Responsible for the Fall of Bitcoin and Altcoins? The Debate is Growing

    02/02/2026

    Trustless AI agent standard could hit Ethereum mainnet on Thursday

    02/02/2026

    Intel shares surge 11% to four-year high ahead of Q4 earnings call

    01/02/2026

    U.S. Senate Set for Major Crypto Regulation Vote Tomorrow

    01/02/2026
  • MarketCap
NBTC News
Home»Legal»Is the US Congress powerless against Elon Musk’s D.O.G.E?
Legal

Is the US Congress powerless against Elon Musk’s D.O.G.E?

NBTCBy NBTC20/02/2025No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Senate Judiciary Chair Chuck Grassley admitted on Tuesday that Congress is powerless to stop Elon Musk’s sweeping government cuts. “Congress can’t do anything except complain,” Grassley said on a press call, according to a report from RadioIowa.

Grassley also pointed out that Elon’s Department of Government Efficiency (D.O.G.E) has the full backing of President Donald Trump.

The mass firings across federal agencies, which have already gutted regulatory bodies and watchdog organizations, are an executive branch decision, Grassley explained. “The Constitution says all executive power of the federal government shall be vested … in the office of the presidency.”

Trump and Elon Musk defend the cuts on Fox News

Trump and Elon will address the government shake-up in a pre-taped Fox News interview set to air in a few hours. The conversation, recorded Friday with host Sean Hannity, is their first joint sit-down since Trump returned to office last month.

Fox released a preview of the interview, showing Elon discussing his political change from the Democratic Party to the Republican Party. “I used to be adored by the left,” Elon said. “Less so these days because of my support for Trump.”

Elon blamed what he called “Trump Derangement Syndrome,” adding, “You don’t realize how real this is until you can’t reason with people. It’s like they’ve become completely irrational.”

Trump, speaking yesterday at a Florida news conference, teased the interview, telling reporters that he warned Elon Musk about potential conflicts of interest between his private companies and government projects. “I told Elon straight up: You can’t work on government projects that interfere with your companies,” Trump said, referencing Elon’s SpaceX, which contracts with NASA.

Elon Musk shuts down agencies, expands control

Elon has wasted no time dismantling federal agencies. Last week, he shut down the Consumer Financial Protection Bureau (CFPB), an agency created after the 2008 financial crash to protect consumers from bank fraud and fintech scams.

Elon Musk announced the closure with a single post on X: “CFPB RIP” followed by a gravestone emoji. His decision effectively kills consumer financial protections, stripping oversight from the fintech industry just as Elon’s own X platform secures a top banking deal, something the Democrats were quick to point out.

Days before shutting down the CFPB, Elon’s X signed a deal with Visa to launch X Money Account, part of his push to turn X into an “everything app.” The platform will now offer banking services, social media, AI support, and, as critics point out, a haven for extremist propaganda—all under one roof.

Trump defended Elon’s unchecked power, saying the billionaire is policing his own conflicts. “Elon is doing a fantastic job,” Trump told reporters. “You can trust him.”

A report from the Financial Times claims that Indian Prime Minister Narendra Modi had expected a formal state meeting when he visited Washington last week, but instead, he found himself sitting across from three of Elon’s children and one of their mothers in what was supposed to be an official discussion on Tesla and SpaceX expansion in India.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

U.S. Senate Set for Major Crypto Regulation Vote Tomorrow

01/02/2026

Former SEC Commissioner’s Bold Call for Retirement Plan Revolution

01/02/2026

Minister urges Polish companies to relocate to crypto-friendly Latvian climate

01/02/2026

UK Lords launch stablecoin inquiry as BoE moves to finalize systemic rules

01/02/2026
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

Who is Responsible for the Fall of Bitcoin and Altcoins? The Debate is Growing

02/02/2026

Trustless AI agent standard could hit Ethereum mainnet on Thursday

02/02/2026

Intel shares surge 11% to four-year high ahead of Q4 earnings call

01/02/2026
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.