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According to the Office of Personnel Management (OPM), the Department of Government Efficiency (DOGE) has been dissolved even though the mandate was expected to run until July 2026.
According to the news, the value of the meme coin associated with the initiative led by Elon Musk and Vivek Ramaswamy has grown by two digits.
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Trump’s Project Doug is over
DOGE began with an executive order on Trump’s first day after his re-election. It was his goal Dramatically streamline the bureaucracy and cut $6.5 trillion in federal spending.
Its release attracted immediate attention, resulting in… Dogecoin prices increase by more than 10% After the announcement, which leads to the expectations of the increased use of digital currencies in the government.
OPM Director Scott Kubor confirmed the dissolution of the division, noting that DOGE does not exist as a central entity. The roles of the department have passed to the OPM, while Trump now refers to DOGE in the past in public events.
The closure came eight months before its expected end. Musk left Washington in May. In June, Chaos ensued While employees were packing their personal belongings and looking for new homes, while… Tensions are rising between Trump and Musk.
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Despite the steep costs, the division is quietly closing its doors.
Vivek Ramaswamy retired from the Ohio Senate race to focus on DOGE, but the department has faced criticism for a lack of transparency and public accountability throughout its short existence.
DOGE agents moved aggressively between agencies, resulting in significant staff cuts and reduced budgets with limited stakeholder engagement.
The leadership of DOGE has claimed billions in savings, but there is no tangible and verifiable evidence showing real cost reductions from these measures. This lack of transparent accounting has left many questioning whether DOGE has really improved spending efficiency.
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Until shortly before its closure, DOGE’s official account published regular updates on contract cuts, noting the results of cost reductions in many agencies.
Some former DOGE employees share concerns about possible legal consequences related to their participation in the department’s aggressive measures.
These concerns reveal lingering questions about whether DOGE’s practices have crossed the lines of legality or ethics in its short existence.
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These changes signal a shift from DOGE’s sharp cost-cutting to a broader modernization of government. Critics have noted that only Congress can formally dissolve agencies, and the scope of DOGE has always been limited by what executive action can be taken.
At the same time, the cryptocurrency token continues to be exchanged for government efficiency. Show up Data on BeInCrypto The price of the symbol is $0.00483, increasing by 13.62% in 24 hours.
The government efficiency solution raises questions about the sustainability of rapid government restructuring processes, and the role that executive action plays in structural reform.
As federal operations absorb former government efficiency employees and administration continues, the true impact of the short government efficiency experiment remains uncertain and open to further evaluation.
