According to Reuters and Trump Administration officials, the Department of Government Efficiency (DOGE), established by U.S. President Donald Trump, has been disbanded significantly ahead of schedule. The department was dissolved with eight months remaining before its original mandate was set to expire in July 2026. The Office of Personnel Management (OPM) confirmed the agency "no longer exists." The initiative, which was initially led by Elon Musk, aimed to streamline government operations and reduce federal spending but has now ceased its specific functions. The shutdown concludes the government initiative that shared a ticker with the Dogecoin cryptocurrency, a point that often drove market narratives. Former employees of the department are reportedly transitioning to new roles within the administration. Elon Musk had been a vocal proponent of the department's work, frequently promoting its efforts on social media platforms during its tenure. [Update 1] New reports confirm the department was disbanded eight months ahead of its planned July 2026 conclusion date. It also clarifies that former staff members are being reassigned to other administrative roles.