U.S. Department of Government Efficiency (DOGE) Debunks Rumor: Reuters' Report on Its Dissolution is Fake News

By: theblockbeats.news|2025/11/25 08:48:35
0
Share
copy

BlockBeats News, November 25th, the US Department of Government Efficiency (DOGE) posted on the X platform stating that the Reuters article about its dissolution was fake news. The department will resume its Friday routine updates in a few days. The American people have empowered President Trump to modernize the federal government and reduce waste, fraud, and abuse. Just last week, the department terminated 78 wasteful contracts, saving taxpayers $335 million.

Prior to this, according to a Reuters report, on November 24th, after President Trump took office in January, he vigorously established the Department of Government Efficiency (DOGE) to downsize the government. Despite the department having eight months left in its term, it has already been dissolved. When asked about the current status of the Department of Government Efficiency, Office of Personnel Management Director Cooper said, "It simply doesn't exist." Cooper added that the Department of Government Efficiency is no longer a "centralized entity." This is the first time the Trump administration has confirmed the dissolution of the Department of Government Efficiency.

You may also like

Morning Report | DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion; Musk's personal wealth has surpassed the total market value of Bitcoin

Overview of Important Market Events on June 16

Cursor, why did you get on Musk's spaceship?

SpaceX set a record with its IPO, spending a staggering $60 billion to acquire the popular AI programming unicorn Cursor just four days later. Musk is using the ultimate puzzle of "super computing power + top coding engine" to propel the market value skyrocketing, surpassing Amazon in one fell swoop...

In the name of charity, for the benefit of the family: How the Trump family turned charity into profit?

This set of "beautiful rhetoric and value return to one's own people" has not stopped at charitable foundations; it has now almost been transferred intact to American Bitcoin.

Will Gold Break $4,500 After Tonight's Fed Decision? What XAUT and PAXG Traders Need to Know

The Federal Reserve announces its June rate decision tonight. Could gold break $4,500 next? Explore the latest gold price prediction, key Fed scenarios, and what they mean for XAUT and PAXG traders.

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?

The most important question in the cryptocurrency industry is not which chain is the fastest, but rather where top builders choose to build in the long term. Ethereum has just surpassed one million cumulative developers; what does this number mean?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record

Overview of Important Market Events on June 15

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com