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Elon Musk's access to Treasury's payment system is raising alarms. Here's what to know.
Elon Musk's control of a federal payment system is raising concerns about funding for programs like Social Security and the safety of personal data.
Treasury Defends Musk Team’s Access to Federal Payment System
The department said that no payments would be interrupted and that it was conducting a review of the integrity of the system.
Musk takes reins of US Treasury payments, sparking alarm
Elon Musk and his aides have taken control of the US Treasury Department's payments system -- which manages trillions of dollars of transactions each year -- sparking alarm among critics. The Treasury's closely guarded payments system handles the money flow of the US government,
Trump says Musk cannot stop treasury payments on his own
Trump insists that anything Musk does must first be approved by the president.
Musk says Trump administration is on verge of shutting down USAID
Elon Musk, the administration's billionaire adviser and Tesla CEO, says the administration is on the verge of shutting the U.S. Agency for International Development.
1d
on MSN
US Treasury Sued Over DOGE's Access To Sensitive Information
The federal lawsuit argues that Musk's DOGE team is using the system in violation of multiple privacy laws and other ...
10h
Will Elon Musk’s Treasury Access Derail Your 2025 Tax Refund?
As the 2025 tax season progresses, taxpayers are left to try to navigate this uncertain landscape. Hopefully, the confusion surrounding Elon Musk’s Treasury payment systems and shakeups at the IRS don ...
12h
Why did Trump create a sovereign wealth fund?
Trump proposed setting up a fund that would finance "great national endeavors" including infrastructure projects while ...
Mother Jones
1d
Elon Musk May Now Have Unique Sway Over the US Treasury
Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.
1d
on MSN
Trump orders the creation of a U.S. sovereign wealth fund. Here's what that means.
President Trump is directing his commerce and treasury secretaries to create what's called an American sovereign wealth fund.
1d
on MSN
Treasury Dept. gives Elon Musk's team access to federal payment system: Sources
If Elon Musk or his DOGE team were to attempt to block federal payments, it would likely face legal challenges given the ...
The Nation on MSN
1d
Who Will Stop Elon Musk’s Coup?
The world’s richest man now has the power to override congressional spending decisions and access to private information ...
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