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The Latest Breaking News from the Department of Government Efficiency

Stocks Set to Extend Rally on Fed Reprieve and Trade Optimism, U.S. PMI Data and Earnings in Focus

June S&P 500 E-Mini futures (ESM25) are up +2.01%, and June Nasdaq 100 E-Mini futures (NQM25) are up +2.51% this morning, extending yesterday’s rally as sentiment got a boost after the Trump administration’s move to alleviate some of the tensions unsettling investors.

Barchart

Elon Musk was going to wrap up with DOGE after 130 days. Now it’s ‘a day or two’ per week for the rest of Trump’s term

With roughly 36 weeks left in the year, Musk could spend between 36 and 72 more days aiding President Trump this year—on top of the roughly 90 days he’s already been there.

Fortune

Democrats fear that Elon Musk may be pushed out of government before they can use him in midterm attack ads

The unelected billionaire has proved an effective target for the Democrats, but some in the party are ‘concerned’ about their strategy if Musk takes a step back

The Independent UK

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Elon Musk Admits ‘My Companies Are Suffering’ From Work at DOGE, Says ‘It’s Disadvantageous’

Elon Musk revealed that his advisory role in the Department of Government Efficiency is negatively impacting his companies while limiting his ability to lobby and advocate for their interests.

Barchart

National Institutes of Health workers told to blow off Musk demands for weekly performance reviews

Musk has suddenly been a no-show at White House events. Now federal agencies are ignoring his orders

The Independent UK

Scientific research is the lifeblood of our economy. Now, a wrecking ball has come.

DOGE cuts to NOAA Fisheries aren't making anything more efficient — they're stripping the ability of fishers to adapt their businesses to changing conditions. Similar impacts are being felt across different disciplines, and the U.S. science community must choose whether to look inward, hoping for better days, or to fight…

LiveScience

Elon Musk's DOGE: Alleged IRS 'Hackathon' Plans Unveiled, Reports Claim It Is Coming Next Week

The Department of Government Efficiency is reportedly planning a hackathon against the IRS come next week.

International Business Times

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Trump and Musk: A Fading Friendship? Insiders Spill the Beans on Billionaire's Alleged DOGE Exit

White House denies reports of Elon Musk's departure from the Department of Government Efficiency (DOGE), calling claims "fake news."

International Business Times

Despite tough words, these Democrats continue to invest in Tesla

Vandalism and arson attacks against Tesla vehicles are on the rise, in the U.S. and across the globe.

The Independent UK

DOGE Director 'Nowhere to Be Seen' as Musk's Team Delivers Fox Interview, CNN Anchors Point Out

The purported head of the Department of Government Efficiency was noticeably missing from Fox News' interview with Elon Musk and the team, CNN anchors noted.

Latin Times

NASA terminating $420 million in contracts not aligned with its new priorities

Space agency reportedly being pushed to focus on Mars, a priority of commercial partner SpaceX founder Elon Musk

The Independent UK

‘Leakers are patriots’: Federal workers defend sharing information about Musk despite his threats

Federal workers said they are speaking out because of the billionaire’s ‘move fast and break things’ approach via the Department of Government Efficiency

The Independent UK

‘Dogequest’ website doxes Tesla owners nationwide revealing their names and address - but raising privacy concerns

‘At DOGEQUEST, we believe in empowering creative expressions of protest that you can execute from the comfort of your own home,’ site says

The Independent UK

‘Where’s Elon Musk?’ Democratic Rep angrily calls out missing ‘genius’ at DOGE hearing

A House committee hearing turned explosive when Connecticut Congressman John Larson blasted “genius” Elon Musk for not showing up to a hearing concerning the cuts he was overseeing through the Department of Government Efficiency.

The Independent UK

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The Conversation

Trump’s DOGE campaign accelerates 50-year trend of government privatization

Since returning to office, President Donald Trump has aggressively moved to shrink the federal government. His administration has frozen federal grants, issued executive orders aligned with the Heritage Foundation’s Project 2025, and, most prominently, created what he calls the Department of Government Efficiency, or DOGE.

The Conversation

George Washington, a real estate investor and successful entrepreneur, knew the difference between running a business and running the government

During his three presidential campaigns, Donald Trump promised to run the federal government as though it were a business. True to his word, upon retaking office, Trump put tech billionaire Elon Musk at the head of a new group in the executive branch called the Department of Government Efficiency.

The Independent UK

‘I hope it lights a fire under people’: The federal worker standing up to Donald Trump and his ‘illegal mandates’

In an email, she called on colleagues to ‘resist.’ Then it was ‘mysteriously’ deleted

The Texas Tribune

Rep. Greg Casar and Elon Musk bring Texas clash to D.C. stage

From Austin city council to the halls of Congress, this lawmaker has been increasingly critical of Musk, saying the billionaire receives special treatment and has conflicts of interest.

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Top News

Department Of Government Efficiency Finds Million In Wasteful Spending

Discover how the Department of Government Efficiency uncovered million in wasteful spending within the Defense Department.

Top News

Senators Encourage More Transparency And Coordination With DOGE

Senators meet with Elon Musk to discuss improving coordination and transparency of the Department of Government Efficiency (DOGE) operations.

Reason

Elon Musk, Who Supposedly Is Running DOGE, Is Not Officially in Charge of Anything

The presidential adviser's lack of formal authority complicates his cost-cutting mission.

The Independent UK

Musk - who is not a secretary - will attend the first Trump cabinet meeting, White House says

The billionaire is leading the Department of Government Efficiency in dismantling federal agencies

Fortune

One-third of the contracts DOGE killed saved no money: 'Like confiscating used ammunition'

Of 1,125 federal government contracts that the cost-cutting body recently terminated, 417 will result in zero savings, per a report.

Top News

Trump Administration Cancels Contracts Without Expected Savings

Analysis of terminated federal contracts raises concerns about cost savings and operational impact in government procurement.

Top News

GOP Rep. Pete Sessions Faces Tough Questions At Town Hall

GOP Rep. Pete Sessions addresses concerns at a town hall meeting regarding the Department of Government Efficiency and defends the agency's initiatives and...

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