Implementing the President’s “Department of Government Efficiency” Cost Efficiency Initiative

This executive order mandates a transformation of federal spending, aiming for increased transparency and accountability.

It directs all agencies to implement centralized technological systems for tracking payments and justifications, conduct comprehensive reviews of existing contracts and grants to reduce spending, and freeze agency credit cards (with exceptions).

The order prioritizes the review of funds disbursed to educational institutions and foreign entities and establishes reporting requirements to the newly created Department of Government Efficiency.