The Consulting Cartel Is Crumbling—And Wall Street Just Woke Up

Washington's Sacred Cash Cows Are Under Threat—and Wall Street's Noticing The consulting industry has long enjoyed a parasitic relationship with the federal government, extracting billions from taxpayers to churn out white papers, buzzwords, and three-ring binders that rarely translate into meaningful policy. But something unusual is happening inside the Beltway: DOGE, the Defense Operations and Government Efficiency initiative, is finally putting some teeth behind its bark—and it’s going after the consultants. Market Shock: The Stocks Reflect the Rot The consequences are already reverberating through Wall Street. Booz Allen Hamilton and Accenture, two titans of federal consulting, have seen their stock prices take a nosedive since September 2024. And it’s no mystery why—DOGE has made its intentions clear: Cut costs, slash…