logo

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

By: theblockbeats.news|2025/11/25 08:45:57
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.

-- Price

--

You may also like

Naval personally takes the stage: The historic collision between ordinary people and venture capital

Naval personally stepped in as the chairman of the USVC Investment Committee. This SEC-registered fund launched by AngelList attempts to bring top private tech assets like OpenAI, Anthropic, and xAI to the general public with a $500 entry threshold. It is not just a new fund, but a structural experi...

a16z Crypto: 9 Charts to Understand the Evolution Trends of Stablecoins

Stablecoins are evolving from trading tools into universal payment infrastructure, and this process is quieter and more thorough than most people expected.

Refutation of Yang Haipo's "The End of Cryptocurrency"

This may be the true test of cryptocurrency. It's not about whether the price has reached a new high, nor about who will achieve financial freedom in the next bull market, but rather whether, after all the grand narratives have been washed away by cycles, it can still leave behind some simpler, more...

Can a hairdryer earn $34,000? Interpreting the reflexivity paradox of prediction markets

Prediction markets are essentially betting on reality, and when participants can access or even influence this path earlier, the market no longer just reflects reality but begins to shape it in return.

6MV Founder: In 2026, the "landmark turning point" for crypto investment has arrived

"I will deploy funds in 2026, so I will tell you this is the best year in history."

Abraxas Capital Mints $2.89 Billion USDT: Liquidity Boost or Just More Stablecoin Arbitrage?

Abraxas Capital just received $2.89 billion in freshly minted USDT from Tether. Is this a bullish liquidity injection for crypto markets, or is it business as usual for a stablecoin arbitrage giant? We analyze the data and the likely impact on Bitcoin, altcoins, and DeFi.

Contents

Popular coins

Latest Crypto News

Read more