Dogecoin News Update: Chainsaw Ambitions Halted: DOGE Ends Operations Eight Months Ahead of Schedule
- Trump's DOGE agency, led by Musk, disbanded eight months early, failing to cut $2 trillion in spending. - Critics accused it of overreaching, while OPM absorbed its functions and former members transitioned to new roles. - Mixed reactions persist, with states creating local equivalents and questions about long-term impact.
The Department of Government Efficiency (DOGE), an agency created under President Donald Trump with the goal of reducing federal expenditures and streamlining bureaucracy,
DOGE was created in January 2025 through Executive Order 14158,
The sudden end of the agency is a stark departure from its high-profile debut. Kupor explained that
DOGE’s time in operation was defined by controversial measures, such as
The closure of DOGE has led to a variety of responses.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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