Summary

Sen. Ron Wyden warned that Elon Musk’s team, the Department of Government Efficiency (DOGE), was granted “full access” to a U.S. Treasury payments system handling $6 trillion annually.

Treasury Secretary Scott Bessent approved the access, sparking concerns over national security risks and conflicts of interest due to Musk’s business ties with China.

Wyden highlighted potential threats to Social Security, Medicare, and contractor payments.

The move follows Musk’s broader efforts to overhaul government operations under President Trump’s directive for federal spending cuts.

The Treasury declined to comment.

  • nieminen@lemmy.world
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    5 months ago

    Breaking news next week: Musk’s net worth had tripled out of nowhere, while the stock market crashes

    • dan1101@lemm.ee
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      5 months ago

      In other news, the national deficit has tripled. Trump says because of Democrat mismanagement he must unfortunately take desperate measures and increase taxes immediately.

  • ExtremeDullard@lemmy.sdf.org
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    5 months ago

    I believe Mayer Rothschild’s famous quote applies:

    “Give me control of a nation’s money and I care not who makes its laws”

  • Maiq@lemy.lol
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    5 months ago

    From what I remember musk doesn’t even have security clearance for spacex top security and was under investigation by the pentagon for contact with foreign governments.

    • Raiderkev@lemmy.world
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      4 months ago

      I’m convinced this is why he tied his wagon to trump, and is trying to use this as an excuse to get access to and sabotage the dirt on him.

    • ExtremeDullard@lemmy.sdf.org
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      5 months ago

      So your country is being set on fire by a fat orange Nazi and his South African henchman and all you care about is the stripe of the guy ringing the alarm bell?

      Real classy…

      • credo@lemmy.world
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        5 months ago

        The point is: If the team ringing the alarm bell isn’t in charge, and the team who’s setting the fire is a cult of arsonists, then no one is putting out any fire.

        It helps to know what you’re talking about before you insult people.

        • NoForwardslashS@sopuli.xyz
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          5 months ago

          Normally, in sane governments of the world, having the opposition raise the alarm is normal for things to be debated and discussed and potentially halted.

          • credo@lemmy.world
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            5 months ago

            Great, but we’re talking about modern US politics here. For this to be news of any significance, that letter needs to be an ‘R’. That little letter changes the entire dynamic of the story— but downvote what you don’t understand. It’s cool.

            • NoForwardslashS@sopuli.xyz
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              5 months ago

              If all actions and opinions by anyone other than the literal maniacs in power are completely insignificant, how do you ever learn opposing viewpoints about anything?