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Elon Musk's allies have gained access to a US Treasury payment system that manages over $6 trillion annually, raising concerns about potential cuts to welfare programs. The newly formed Department of Government Efficiency, led by Tom Krause, aims to reduce federal spending and workforce size. Critics warn that this unprecedented access could lead to political interference in essential payments like social security and Medicaid, jeopardizing public trust and economic stability.
Elon Musk's team has gained access to the U.S. Treasury's critical payment systems following the retirement of senior official David Lebryk, raising concerns about political interference in essential government functions. Critics, including Senators Warren and Wyden, warn that this shift could jeopardize vital payments like Social Security and tax refunds, while Musk claims to have identified issues within the payment processes. The situation highlights Musk's growing influence over federal agencies and the potential risks to the integrity of government operations.
Jack Lewis
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musk allies gain access to treasury payment system raising welfare funding concerns
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17:58 02.02.2025
musk's team gains control of treasury payment systems amid political controversy
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Scott Bessent
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12:11 02.02.2025
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