Elon Musk’s Team Now Has Full Access to Treasury’s Payments System - The New York Times
Posted: Feb 01, 2025
- Treasury Secretary Scott Bessent gave Elon Musk's Department of Government Efficiency full access to the federal payment system
- This access could potentially allow them to monitor and limit government spending
- The team led by Elon Musk has been given freedom by President Trump to cut government spending
- The team is not a government department, but an initiative led by Mr. Musk to reduce spending and streamline federal agencies
- Mr. Musk criticized the Treasury on social media for not rejecting more payments as fraudulent
- The Treasury official who resisted giving access to Mr. Musk's team was put on leave and then suddenly retired
- It is unclear whether Mr. Musk's team has blocked any payments since gaining access
- This access could give the Trump administration another way to restrict government spending approved by Congress
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