Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
No Result
View All Result

US Social Security moves public comms to X amid DOGE-led job cuts — Report

CryptoExpert by CryptoExpert
April 13, 2025
in Business
0
US Social Security moves public comms to X amid DOGE-led job cuts — Report
  • Facebook
  • Twitter
  • Pinterest


You might also like

Arizona Crypto ATM Law Helps Victims Recover $171K

Inflation Cools, Bitcoin Stalls as Fed Faces Its Next Big Test

Goliath Ventures Faces SEC, CFTC Suits Over $400M Ponzi

The US Social Security Administration (SSA) will move all public communications to the X social media platform amid sweeping workforce cuts recommended by the Department of Government Efficiency (DOGE), led by X owner Elon Musk.

According to anonymous sources who spoke with WIRED, the government agency will no longer issue its customary letters and press releases to communicate changes to the public, instead relying on X as its primary form of public-facing communication.

The shift comes as the SSA downsizes its workforce from 57,000 employees to roughly 50,000 to reduce costs and improve operational efficiency. The agency issued this statement in February 2025:

“SSA has operated with a regional structure consisting of 10 offices, which is no longer sustainable. The agency will reduce the regional structure in all agency components down to four regions. The organizational structure at Headquarters also is outdated and inefficient.”

Elon Musk, the head of DOGE, has accused the Social Security system of distributing billions of dollars in wrongful payments, a claim echoed by the White House. Musk’s comments sparked intense debate about the future of the retirement program and sustainable government spending.

okex

Source: Elon Musk

Related: Musk says he found ‘magic money computers’ printing money ‘out of thin air’

DOGE targets US government agencies in efficiency push

The Department of Government Efficiency is an unofficial government agency tasked with identifying and curbing allegedly wasteful public spending through budget and personnel cuts.

In March, DOGE began probing the Securities and Exchange Commission (SEC) and gained access to its internal systems, including data repositories.

SEC officials signaled their cooperation with DOGE and said the regulatory agency would work closely with it to provide any relevant information requested.

US Government, United States, Elon Musk

Musk and Trump discuss curbing public spending and eliminating government waste. Source: The White house

DOGE also proposed slashing the Internal Revenue Service’s (IRS) workforce by 20%. The workforce reduction could impact up to 6,800 IRS employees and be implemented by May 15 — exactly one month after 2024 federal taxes are due.

Musk’s and the DOGE’s proposals for sweeping spending cuts are not limited to slashing budgets and reducing the size of the federal workforce.

DOGE is reportedly exploring blockchain to curb public spending by placing the entire government budget onchain to promote accountability and transparency.

Magazine: Elon Musk’s plan to run government on blockchain faces uphill battle



Source link

  • Facebook
  • Twitter
  • Pinterest
CryptoExpert

CryptoExpert

Recommended For You

Arizona Crypto ATM Law Helps Victims Recover $171K

by CryptoExpert
August 13, 2026
0
Cointelegraph

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full journalistic independence and integrity....

Read more

Inflation Cools, Bitcoin Stalls as Fed Faces Its Next Big Test

by CryptoExpert
August 12, 2026
0
Inflation Cools, Bitcoin Stalls as Fed Faces Its Next Big Test

Key TakeawaysU.S. CPI eased to 3.4% in July, extending inflation’s retreat from May’s 4.2% peak.Federal Reserve pressure eased as core CPI cooled to 2.5%, but energy remains a...

Read more

Goliath Ventures Faces SEC, CFTC Suits Over $400M Ponzi

by CryptoExpert
August 12, 2026
0
Cointelegraph

The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) filed separate civil lawsuits on Tuesday against Goliath Ventures and founder Christopher Delgado over an...

Read more

Gold Hits 2-Month High Above $4,400 as China Keeps Hoarding

by CryptoExpert
August 11, 2026
0
Gold Hits 2-Month High Above $4,400 as China Keeps Hoarding

Key TakeawaysGold crossed $4,400 on Aug. 11 before spot prices eased to $4,378.50 by noon EDT.China’s PBOC added 20 tonnes of gold in July, extending its buying streak...

Read more

Bank of Russia Proposes 3 Crypto Assets for Exchange Trading

by CryptoExpert
August 11, 2026
0
Cointelegraph

Russia’s central bank has compiled a proposed list of crypto assets that could be admitted to public trading on exchanges under new rules approved last week.The list includes...

Read more
Next Post
crypto

SEC Abandons Case Against Nova Labs

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 63,759.00
ethereum
Ethereum (ETH) $ 1,892.31
tether
Tether (USDT) $ 0.999163
bnb
BNB (BNB) $ 612.83
usd-coin
USDC (USDC) $ 0.99952
xrp
XRP (XRP) $ 1.01
solana
Solana (SOL) $ 76.36
tron
TRON (TRX) $ 0.337539
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.04

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?