Commerce Secretary Howard Lutnick revealed Elon Musk made an agreement with him to cut $1 trillion from federal spending via the Department of Government Efficiency. Nearly a month has passed

Sen. Elizabeth Warren (D-Mass.) on Monday questioned Secretary of Commerce Howard Lutnick over the access tech billionaire Elon Musk’s Department of Government Efficiency (DOGE) has to his competitors and business partners.

Commerce Secretary Howard Lutnick said Sunday that government spending could be separated from gross domestic product reports in response to questions about whether the spending cuts pushed by Elon Musk’s Department of Government Efficiency could possibly cause an economic downturn.

Howard Lutnick said that Elon Musk is going to "cut a trillion dollars of waste, fraud, and abuse" in Social Security, Medicaid, and Medicare.

Howard Lutnick said Sunday that government spending could be separated from gross domestic product reports in response to questions about whether the spending cuts pushed by Elon Musk’s Department of Government Efficiency could possibly cause an economic downturn.

The Trump administration wants to create a separate report about the economy that strips out the impact of government spending. The Commerce Department already does this.

Commerce Secretary Howard Lutnick revealed Elon Musk made an agreement with him to cut $1 trillion from federal spending via the Department of Government Efficiency. Nearly a month has passed since Musk began his volunteer position with DOGE under the White House Office of Management and Budget.

On Sunday, President Trump announced his plans for a U.S. “crypto strategic reserve,” stating that he’d make the country the “Crypto Capital of the World.” But a closer look reveals the reserve may be nothing but a blatant insider trading scam to make his billionaire crypto czar richer—funded by taxpayer money.

Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic product.

Government spending is tied up with consumer and business spending. Not reporting it as part of GDP would breach global accounting standards.

Sen. Elizabeth Warren (D-Mass.) on Monday questioned Secretary of Commerce Howard Lutnick over the access tech billionaire Elon Musk’s Department of Government Efficiency (DOGE) has to his

Howard Lutnick's remarks came in response to concerns over whether the spending cuts advocated by Elon Musk's Department of Government Efficiency (DOGE) might lead to a recession.