Treasury installs ally of Musk’s DOGE as head of payment system
The move follows the ousting of a career official who rebuffed attempts to use the payment system to stop federal spending.
US Treasury's payment system 'not being touched' by Musk's DOGE, Bessent says
The U.S. Treasury's payment system won't be touched by Elon Musk's government efficiency team, Treasury Secretary Scott Bessent told Fox Business on Wednesday, adding that any decisions to stop payments would be made by other agencies.
Unions sue to block Musk team’s access to Treasury payments
The complaint accuses the Trump administration of illegally granting Musk team’s access in violation of federal laws.
Elon Musk’s Attempt to Control the Treasury Payment System Is Incredibly Dangerous
Trump and Musk could use sensitive Treasury information to punish their enemies. Worse yet, they could break America’s payment system entirely
US Treasury moves to quell fears of Elon Musk taking over payments system
The US Treasury has sought to calm fears over Elon Musk’s access to its vast payments system, insisting no transactions have been cancelled, despite the billionaire’s claim to be “rapidly shutting down” remittances.
Musk now has access to federal payment systems. What does that mean?
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 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 money is approved by Congress.
Elon Musk may have just staged a ‘21st-century coup’ at the Treasury Department. What could happen next.
Elon Musk has reportedly taken over the Treasury Department’s central payment system, putting him in the position to unilaterally cut off federal funding to disfavored programs and setting off accusations that the U.
Post from suspended X account falsely attributed to Treasury secretary | Fact check
There is no evidence Bessent made the X post attributed to him. The account shown has been suspended, and no credible news reports support the claim.
The Borrowing Crisis Looming Over the Trump Presidency
Despite the Federal Reserve's 2024 interest rate cuts, borrowing costs remain stubbornly high — reflecting a growing ...
War crimes prosecutor first target of Trump's ICC sanctions, sources say
International Criminal Court Prosecutor Karim Khan is the first person to be hit with economic and travel sanctions ...
Trump Names Scott Bessent, the Treasury Secretary, to Lead the Consumer Bureau
The secretary replaces Rohit Chopra, who had aggressively sought to expand the bureau’s authority over banks and other ...
Warren blasts Treasury Secretary Bessent on Elon Musk weekend data grab
U.S. Sen. Elizabeth Warren demanded answers following reports that billionaire Elon Musk took access to the nation's finance ...
DOJ agrees to proposed order to limit DOGE's access to Treasury data
The DOJ agreed to a proposed order that would largely block the Treasury Department from sharing sensitive financial data ...
Trump Administration to Lay Off Nearly All of U.S. Aid Agency’s Staff
Officials for the agency were notified of the planned cuts on the same day they learned that about 800 awards and contracts ...
US Treasury appoints Hood as acting comptroller of the currency
The U.S. Treasury Department has appointed Rodney Hood to serve as the acting comptroller of the currency from February 10, the Office of the Comptroller of the Currency said in a statement on Friday.