Doge

The U.S. Internal Revenue Service (IRS) is reportedly on the verge of dismissing thousands of employees, a move that could significantly affect the agency’s operations during the crucial tax-filing season. What Happened: The IRS is set to lay off a substantial number of workers,...

Wedbush Securities analyst Dan Ives remains bullish on Tesla Inc. (NASDAQ:TSLA), maintaining his $550 price target despite growing concerns over CEO Elon Musk‘s involvement with the Department of Government Efficiency. What Happened: “The worry of the Street around Tesla is Musk...

Microsoft Corp. (NASDAQ:MSFT) co-founder Bill Gates expressed concerns about the potential dismantling of the U.S. Agency for International Development (USAID), challenging Americans to examine whether shuttering the agency aligns with their values. What Happened: In an interview with Katie Couric...

President Donald Trump announced on Monday he has directed Treasury Secretary Scott Bessent to cease penny production, following recent criticism of the coin’s costly manufacturing process. What Happened: “For far too long the United States has minted pennies which literally cost us...

Elon Musk, known for his unconventional leadership style, is reportedly causing some unrest within the traditionally steady federal workforce. What Happened: Musk’s swift decision-making and high expectations, which have been instrumental in his companies like Tesla Inc., SpaceX, and Twitter...

President Donald Trump, while meeting with Japanese Prime Minister Shigeru Ishiba in the Oval Office on Friday was asked by a reporter if he had a "reaction" to Time magazine's new cover featuring "Elon Musk sitting behind your Resolute Desk." After a pointed "No" and a long pause during which...

A federal judge has imposed a temporary restriction preventing Elon Musk‘s Department of Government Efficiency (DOGE) from accessing Treasury Department payment systems. The judge cited potential risk of “irreparable harm” as the reason for this decision. What Happened: On...

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk, the world's richest person with a net worth of $412 billion, is at the center of criticism amid a potential conflict of interest as he takes on the role of head of the Department of Government Efficiency (DOGE). What Happened: DOGE was introduced by Donald...

Elon Musk, the CEO of Tesla Inc. and SpaceX, has been advocating for a 120-hour workweek for his Department of Government Efficiency (DOGE) team. However, a Stanford researcher has challenged this approach, citing its potential “negative health outcomes.” What Happened: Musk has been...

The Department of Government Efficiency staff member, Marko Elez, resigned following revelations of his involvement with a racist social media account. This news comes in the wake of a legal dispute involving Elez’s access to sensitive Treasury Department data. What Happened: Elez, a former...

Reid Hoffman, the co-founder of LinkedIn and former COO of PayPal, isn’t a fan of Elon Musk‘s actions in the Trump White House. The billionaire implied that much of his former PayPal colleague’s decision-making has been reckless. What Happened: Hoffman appeared on Bloomberg TV in...

A federal judge on Thursday restricted the handling of sensitive Department of Treasury data amid concerns over access granted to allies of Elon Musk leading a government review. The decision follows a lawsuit filed by labor unions arguing that the Department of Government Efficiency (DOGE) led by...

Sen. Susan Collins, R-Maine, chair of the Senate Appropriations Committee is among the first Republican lawmakers to openly express concerns over the growing influence of billionaire Elon Musk within the Trump administration and across federal agencies. "There's no doubt that the president appears...

A 25-year-old engineer with ties to Elon Musk's companies has been granted extensive access to critical U.S. Treasury Department payment systems, raising alarm among government officials and cybersecurity experts. Marko Elez, a former SpaceX  and X employee, has administrator-level privileges...

Brian Riedl, a veteran federal budget analyst with 25 years of experience, has criticized President Donald Trump and Tesla Inc. CEO Elon Musk-led Department of Government Efficiency’s (DOGE) approach to deficit reduction, arguing that their small-scale savings proposals mask larger deficit-...