The post US regulators approve of Elon Musk’s D.O.G.E but disagree with its aggressive ways appeared on BitcoinEthereumNews.com.

Elon Musk’s Department of Government Efficiency (D.O.G.E.) is officially operating with the approval of U.S. regulators, but its aggressive cost-cutting tactics are fueling backlash across Washington. While the administration claims the initiative has uncovered billions in fraudulent government spending, watchdog groups, state officials, and federal employees are now pushing back—some through lawsuits targeting Musk himself. Watchdogs say D.O.G.E. exposes waste but politicizes the issue For decades, government oversight experts have warned about waste, fraud, and abuse in federal spending, frustrated that Washington has ignored the problem. When President Donald Trump put Elon Musk in charge of fixing it, many hoped this would lead to real accountability. But watchdogs now say D.O.G.E. is creating more problems than solutions. “Elon Musk is saying we’ve got shocking amounts of fraud, and you’re right, we do. No one’s really cared until now,” said Linda Miller, a fraud prevention expert who previously worked for the Government Accountability Office (GAO). But Miller and others say Musk’s approach is reckless. One of D.O.G.E.’s first major reports highlighted government-funded arts projects linked to diversity, equity, and inclusion (DEI) initiatives, claiming them as examples of wasteful spending. Some of those projects, however, were never actually funded by the agencies Musk accused. “It makes the government sound like it’s a mockery,” Miller said. Despite the controversy, Trump is standing by Musk’s efforts, saying at a press briefing this week that D.O.G.E. had already identified ‘billions and billions of dollars’ in fraudulent spending. But the White House did not provide specific numbers to back up that claim. Musk targets government payments, calls system ‘insane’ One of D.O.G.E.’s biggest targets so far is the “Do Not Pay” system, a federal database meant to block fraudulent payments. The system is supposed to prevent payments to deceased individuals, sanctioned foreign nationals, and people barred…

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Filed under: News - @ February 16, 2025 1:16 am