By Chris Prentice and Douglas Gillison

WASHINGTON (Reuters) -U.S. President Donald Trump’s Department of Government Efficiency initiative, or DOGE, has wrapped up work at the Securities and Exchange Commission and will exit the agency this week, two sources familiar with the matter told Reuters on Thursday.

The group, originally led by billionaire Elon Musk, has overseen massive job cuts across the federal government since Trump, a Republican, took office in January. At the SEC, DOGE staff mostly focused on slashing contracts before turning to pushing for deregulation, Reuters has previously reported.

Trump in February appointed Musk to run DOGE outside the normal confines of government in a bid to “dismantle government bureaucracy,” which the pair said was wasteful and bloated.

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