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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.
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.
4d
on MSN
Senior US Treasury official to exit after rift with Musk allies, report says
David Lebryk, the top-ranking career U.S. Treasury Department official, will leave following a clash with allies of ...
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
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8h
The Newest, Biggest Investment Fund: The United States Government?
Sovereign wealth funds invest state or government money. They’re typically created from budget surpluses or revenues from oil ...
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 ...
3h
US Treasury says Elon Musk team has 'read-only access' to payment data
The U.S. Treasury has confirmed that Elon Musk's team has read-only access to its payment system codes for a review aimed at ...
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