DOGE News: Senators Investigate Nominee’s Ties to White House Efficiency Unit Amid Cryptocurrency Concerns

US Senators Grill Trump’s Nominee for Social Security Chief Over D.O.G.E. Involvement

US Senators demanded answers about Trump’s nominee for Social Security chief, Frank, and his ties to D.O.G.E., a White House-backed efficiency unit. Frank’s name came up in multiple internal complaints about D.O.G.E.’s growing influence over Social Security operations. The hearing happened under the Senate Finance Committee, chaired by Mike Crapo, with Oregon Senator Ron Wyden leading the opposition. Wyden emphasized Frank’s role in D.O.G.E. staffing and oversight, including his influence on hiring, access to internal databases, and personal relationships with key players at Social Security.

Trump Demands Modernization of Treasury Payment System

Trump has ordered the Treasury Department to modernize and centralize its payment system, requiring electronic payments whenever possible to prevent fraud and tighten control. Most federal payments already use direct deposit, but paper checks are still in use in some areas. Trump aims to eliminate these outdated systems as part of a wider push to prevent theft during the payment process. Consolidating payment processing under one agency, the Treasury, is seen as the solution by his administration.

Dogecoin Reserve Announced: Will DOGE Hit New All-Time High? Price Prediction Amid Bearish Patterns

Dogecoin Reserve has become a hot topic as the Dogecoin Foundation purchases about 10 million DOGE coins. However, technical indicators suggest a possible 30% crash in the meme cryptocurrency’s price. A bear flag pattern has formed on the daily chart after DOGE dropped from around $0.214 in late 2024, raising concerns among investors about the future of Dogecoin’s price.