Swamp Notes: How far can Doge go?

US Federal Reserve chair Kevin Warsh will seek to soothe investors’ nerves at this week’s Jackson Hole symposium, Andy Burnham is headed to Ukraine for his first overseas trip as Britain’s prime minister, and Saudi Arabia held talks with London brokers for a state-backed war insu ...  Show more

Investors have warned that Treasury secretary Scott Bessent’s attempts to slash long-term US borrowing costs are doomed to fail, and European oil refinery capacity is set to shrink by a fifth over the next decade. Plus, Shanghai’s answer to the Nasdaq index is benefiting from an ...  Show more

Since President Trump took office, Elon Musk and DOGE have wielded an unprecedented level of power to help the administration cut the U.S. government, and they claim to have stopped tens of billions of dollars in wasteful spending.

David A. Fahrenthold, an investigative ...

Proposals from DOGE, Elon Musk's entity tasked with making the federal government more "efficient," have resulted in lawsuits, pushback from other federal agencies, and a lot of uncertainty for the millions of people who work for the federal government. We look at what's happened ...  Show more

Elon Musk is keeping his campaign promise of trying to cut $2 trillion of federal spending through his unit, DOGE. After some questions about his role, the White House announced that he is now a "special government employee." What has Musk been able to accomplish thus far? This e ...  Show more

For the past month, chaos and confusion have gripped Washington and the federal government. Elon Musk and his Department of Government Efficiency, or DOGE, have served as an iron fist of the Trump administration—ransacking government agencies, lighting fires in various department ...  Show more