The treasury secretary added that DOGE's efforts could eventually lead to “several percent of GDP that we are saving.”

U.S. Treasury Secretary Scott Bessent announced on X that he will miss next weeks G20 finance ministers and central bank governors meeting in Cape Town due to obligations in Washington. A senior official will attend in

Elon Musk has pledged that DOGE would provide “maximum transparency,” but its accounting raises questions about the reliability of their self-reporting and their level of accountability.

The U.S. federal government purge led by Elon Musk and his Department of Government Efficiency (DOGE) has allegedly saved $55 billion largely through cutting jobs and contracts. Some government workers have resigned in protest over the restructuring moves and Musk’s access to sensitive data.