Bessent Says DOGE Effort Has Saved Estimated $50 Billion So Far

US Treasury Secretary Scott Bessent said US taxpayers don’t need to worry about the security of their private data while Elon Musk’s Department of Government Efficiency team seeks to make the federal government more efficient.

The DOGE team has identified an estimated $50 billion in savings so far, Bessent said Tuesday during a Fox News interview. “So that’s a very good start.”

He added the cost-cutting effort could eventually lead to “several percent of GDP that we are saving.”

WATCH: Bessent says an estimated $50 billion has been saved “so far.” Derek Wallbank reports.

Source: Fox News/Bloomberg

Meanwhile, Bessent said Americans “don’t have to be concerned about any of this,” referring to attempts by the team ...