With the official establishment on Monday of President Trump’s closely watched effort to slash federal spending — which he has called the Department of Government Efficiency — some key information was revealed, including details about how the group will be structured and a new focus on modernizing technology.

A Department of Government Efficiency website has appeared, prominently featuring the Dogecoin logo—causing the token to spike.

"If you are a federal worker now, you need to be prepared for an all-out assault on where you work and the security of your job."

Vivek Ramaswamy is no longer part of the government efficiency commission that President Donald Trump has championed.

Their success or failure of President Trump's new Department of Government Efficiency will have far-reaching effects on the stock market and the economy.

Ramaswamy, who sought the Republican nomination for president in 2024, has signaled plans to run for governor of Ohio.

US Digital Service re-named and told to audit government tech and work on data-sharing US President Donald Trump has re-named the US Digital Service the Department of Government Efficiency and given it a mission to modernize government technology.