JPMorgan Chase CEO Jamie Dimon said that the federal government is inefficient and needs improvement, amid widespread layoffs across various departments under the Trump administration. In an interview on Monday (Feb. 24) with CNBC, Dimon “declined to give what he called a ‘binary’ response, but...
President Trump has floated giving a $5,000 “DOGE Dividend” to U.S. taxpayers. Speaking Wednesday (Feb. 19) in Miami, the president said his administration was considering returning money saved through his Department of Government Efficiency’s (DOGE) cost-cutting measures to U.S. households. “The numbers are incredible, Elon....
The U.S. Treasury Secretary says a new government cost-cutting effort has found $50 billion in savings. Speaking to Fox News Tuesday (Feb. 18) evening, Scott Bessent said the work by the “Department of Government Efficiency” (DOGE), a group created by executive order last month, could...
Elon Musk works with the White House, not for it, according to an administration official. While Musk has of late been linked to the newly-created “Department of Government Efficiency” (DOGE), he doesn’t work for the department and is rather an advisor to President Donald Trump,...
America’s top Social Security official has reportedly resigned following a clash with Elon Musk’s efficiency group. Michelle King, a 30-year veteran of the Social Security Administration and its acting commissioner, stepped down this weekend after a dispute over the Department of Government Efficiency’s (DOGE) attempt...
The Elon Musk-led Department of Government Efficiency (DOGE) is reportedly seeking access to an Internal Revenue Service (IRS) system that is usually not available to political appointees. The Integrated Data Retrieval System (IDRS), which enables employees to access IRS accounts and bank information, is traditionally not available to...
The Treasury Inspector General and the Government Accountability Office (GAO) are investigating the reported decision by Treasury Secretary Scott Bessent to allow the Elon Musk-led Department of Government Efficiency (DOGE) to access government payment systems. The investigations were announced in a Friday (Feb. 14) press release issued by the Democratic...
Mass government layoffs have reportedly begun under the White House’s plan to shrink the federal bureaucracy. The firings have been happening over the last 48 hours, Reuters reported Thursday (Feb. 13), citing union sources and employees familiar with the situation. The layoffs have primarily targeted...
When Elon Musk began digging into the U.S. Treasury, one phrase kept coming up: “Read-only access.” As in, Musk’s Department of Government Efficiency (DOGE) would be able to view Treasury data — including government payment systems — but not make changes. Now, however, it appears...
