Doge Financial News

Trump administration has placed two top security chiefs at the U.S. Agency for International Development on leave after they refused to turn over classified material in restricted areas to Elon Musk's government-inspection teams, a current and a former U.S. official told The Associated Press on Sunday.

Digital asset manager Grayscale unveiled a Dogecoin Trust Friday, expanding its crypto offerings.

Elon Musk is seemingly taking the «efficiency» part of his new role very seriously. The Donald Trump ally, who was appointed as head of the Department of Government Efficiency (DOGE), told multiple associates that he’s been sleeping at the DOGE headquarters, Wired reported. DOGE is based out of the Eisenhower Executive Office Building, just steps from the White House.

Tesla CEO Elon Musk has actually embarked on an ambitious mission with the Department of Government Efficiency (DOGE) while demonstrating his characteristic ‘hardcore’ work approach by reportedly sleeping in the Eisenhower Executive Office Building near the White House, reported Daily Mail. As an extremely key figure in the US President Donald Trump administration, Tesla CEO Elon Musk is laser focused on dramatically reducing the government spending and bureaucratic inefficiencies.

Tesla CEO Elon Musk was backing Donald Trump with money and time during the latter's presidential campaign last year, many thought Trump's victory could turn out to be the most profitable investment for Musk. It was said that Trump’s second term could mean less regulatory pressure on Musk’s companies. “A second Trump term could very well shift the administrative and regulatory state in ways that would benefit Musk’s companies,” Angela Aneiros, an assistant professor of law at Gonzaga University and a co-director of the university’s Center of Law, Ethics & Commerce, had told NBC News. “A second term, if it happens, will result in federal agencies’ shifting their focus away from investigations into regulatory compliance issues,” Aneiros said.

Subscribe to enjoy similar stories. WASHINGTON—Two million government workers opened their email inboxes this week to find a note from an obscure federal agency offering them a chance to resign on the spot. One employee said they thought the email, sent late Tuesday, was a phishing scam.

Wharton School finance professor emeritus Jeremy Siegel gives his take on the Federal Reserve's decision to leave rates unchanged on ‘The Claman Countdown.’

Vivek Ramaswamy eventually discussed regarding his departure from the Department of Government Efficiency (DOGE) which he was co-leading with Tesla CEO Elon Musk under the administration of US President Donald Trump. The Hill reported that Vivek Ramaswamy claimed that his exit was actually a mutual decision which was driven by his intention to pursue elected office in the state Ohio.

'Barron's Roundtable' panelists take a closer look at the President Donald Trump's impact on the markets and more.

Department of Government Efficiency (DOGE) led by Tesla CEO Elon Musk eventually announced cancelling $420 million in government contracts within the first 80 hours, reported Business Insider. This early effort actually represents approximately $126 million in daily contract cancellations while potentially amounting to $67 billion annually which is roughly 3% of Tesla CEO Elon Musk's original $2 trillion cost-cutting goal.

Elon Musk has initiated conversations about using blockchain technology at the new Department of Government Efficiency, according to people with knowledge of the discussions. It’s the latest sign of the Trump administration’s efforts to bolster the digital asset industry.

Coforge and Persistent Systems soared 11.5% and 10.3%, respectively, on Thursday. KPIT Technologies and Mphasis gained over 3% each, while LTI Mindtree and L&T Technologies rose 2.4% and 1.06%, respectively. Cyient moved up 2%.

Anthony Scaramucci recently mocked Vivek Ramaswamy for his extremely brief tenure with the Department of Government Efficiency (DOGE) which ended before it officially launched, reported Daily Beast. Vivek Ramaswamy actually removed himself from DOGE on the date of January 19th just before the inauguration of US President Donald Trump while leaving Tesla CEO Elon Musk as the sole leader.

Department of Government Efficiency (DOGE) just 69 days after being appointed. The move comes after mounting pressure from key Republican figures and Elon Musk himself, who reportedly grew frustrated with Ramaswamy's recent public remarks.

Subscribe to enjoy similar stories. In 2017 Elon Musk branded Donald Trump a “con man" and “one of the world’s best bullshitters". Now he is known at Mar-a-Lago as Uncle Elon and is in the president-elect’s inner circle.

Vivek Ramaswamy announced his departure from the Department of Government Efficiency (DOGE) just 69 days after being named co-head alongside tech billionaire Elon Musk. A recent report suggests it was Musk who pushed for Ramaswamy’s removal.

Vivek Ramaswamy has stepped down from his leadership role in the Department of Government Efficiency (DOGE) after being part of its creation with Elon Musk. His resignation, announced following President Donald Trump’s second-term inauguration, is linked to his decision to run for Ohio Governor in 2026. As Ohio's current Governor, Mike DeWine, is restricted by term limits, Ramaswamy is aiming to revive his political career within the state.

Subscribe to enjoy similar stories. Shortly before he was elected president in 2016, Donald Trump took a break from campaigning to attend a ceremony for his new flagship hotel, the Trump International Hotel Washington, D.C. The General Services Administration, the federal agency that owns, manages and leases much of the government’s real estate, had previously awarded Trump the rights to redevelop the government-owned Old Post Office as a luxury hotel.

Vivek Ramaswamy confirmed Monday his departure from the «Department of Government Efficiency» (DOGE) in a post on X (formerly Twitter), hours after Trump assuming charge at the White House.

Vivek Ramaswamy, the former Republican presidential candidate, is considering stepping down from his role at the Department of Government Efficiency (DOGE) in preparation for his Ohio gubernatorial campaign. According to a report by Politico, Ramaswamy, who co-leads the department alongside Tesla CEO Elon Musk, intends to formally announce his bid for governor by the last week of January. A source familiar with the matter confirmed that his potential withdrawal could significantly affect DOGE’s efforts to reduce government spending by up to $2 trillion by 2026.