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.
Elon Musk’s DOGE takeover of Treasury payments systems is already racking up legal challenges. Here’s what to know
A lawsuit filed Monday seeks to halt the ‘unlawful disclosure of information,’ including Treasury data on Americans’ taxes and Social Security, to DOGE staff. This week, President Trump adviser Elon Musk’s newly formed Department of Government Efficiency (DOGE) seems to have gained full access to the Department of Treasury’s payments systems responsible for processing trillions of dollars of spending,
Treasury Defends Musk Team’s Access to Federal Payment System
The department said that no payments would be interrupted and that it was conducting a review of the integrity of the system.
How Elon Musk's access to Treasury system may impact Social Security, other government payments
News that Department of Government Efficiency led by Elon Musk now has access to a government payment system that is responsible for $6 trillion in annual federal payments — including Social Security and Medicare benefits — has prompted criticism from Democratic lawmakers and advocates.
The Treasury's payment system is one of Elon Musk's targets. Here's what it does, from Social Security to tax refunds.
Elon Musk is facing scrutiny over accusations he gained access to sensitive Treasury data, including Social Security and Medicare information.
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.
Judge weighs interim ban on Elon Musk's DOGE accessing the financial data of millions of Americans
A trio of federal unions wants a judge to block the sharing of Americans' sensitive data with DOGE.On Wednesday, the unions ...
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 ...
Trump administration agrees to restrict DOGE access to Treasury Department payment systems
The agreement came in response to a lawsuit accusing Treasury of committing an "unlawful action" by giving private info to ...
Treasury Secretary Bessent says tariffs aimed at bringing manufacturing back to US
WASHINGTON - US President Donald Trump’s tariff plans are largely aimed at bringing manufacturing back to the United States, ...
Treasury secretary to temporarily oversee Consumer Financial Protection Bureau
President Donald Trump on Monday designated Treasury Secretary Scott Bessent with additional duties as acting director of the ...
US Treasury chief takes over consumer watchdog, freezes all activity
U.S. President Donald Trump on Monday tapped newly confirmed Treasury Secretary Scott Bessent as acting director of the ...
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 ...
Trump signs order to create sovereign wealth fund in United States, possibly to buy TikTok
President Donald Trump on Monday ordered the creation of a government-owned sovereign wealth fund of financial assets, which ...
Trump appoints treasury secretary, a former hedge fund executive, as acting head of consumer protection agency
In what appears to be yet another move to consolidate parts of the federal government, President Donald Trump has appointed ...