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»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

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

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
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.