Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Accused Thai school shooter had watched violent content online, say police

    August 9, 2026

    Christine McGuinness calls co-parenting with Paddy ‘blessing’ after split

    August 9, 2026

    Pakistan’s Muhammad Zubair Wins Tekken 8 EWC 2026 Title in Paris

    August 9, 2026
    Facebook X (Twitter) Instagram
    • Home
    • Politics
    • News
    • Magazines
    Facebook X (Twitter) Instagram
    Login
    22Media22Media
    Subscribe
    • Home
    • News
      • Pakistan News
      • World News
      • Amazing News
      • Only On 22
    • Sports
    • Bussiness
    • Innovation
      • Health & Sciences
      • Technology
    • Culture
      • Crime & Justice
      • Entertainment
    • Politics
    • Magazines
    • Weather
    • Video
    • Live
    22Media22Media
    Home»Bussiness»US Treasury grants Musk’s reform team ‘read-only access to payment data
    Bussiness

    US Treasury grants Musk’s reform team ‘read-only access to payment data

    22febdm@gmail.comBy 22febdm@gmail.comFebruary 5, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Elon Musk walks on Capitol Hill on the day of a meeting with Senate Republican Leader-elect John Thune (R-SD), in Washington, U.S. December 5, 2024. — Reuters
    Elon Musk walks on Capitol Hill on the day of a meeting with Senate Republican Leader-elect John Thune (R-SD), in Washington, U.S. December 5, 2024. — Reuters 

    WASHINGTON: The US Treasury on Tuesday announced that Elon Musk’s government reform team can view data from its sensitive payment system but cannot make any changes to it. This came after Democratic lawmakers raised concerns and asked for an investigation.

    Musk, the world’s richest person, is leading President Donald Trump’s federal cost-cutting efforts under the so-called Department of Government Efficiency (DOGE).

    As part of that initiative, he reportedly pushed for a team led by IT executive Tom Krause to be given access to the Treasury Department’s closely guarded payment system, which handles trillions of dollars of transactions, from Social Security and Medicare payouts to federal salaries.

    In response, Democratic Senators Elizabeth Warren and Ron Wyden sent a letter on Tuesday to the congressional watchdog agency demanding it probe reports that Treasury Secretary Scott Bessent had personally granted Musk and his aides that permission.

    The Treasury, in a letter sent to Parliament and shared with AFP, confirmed Krause’s team has access to the system but said it is “read-only access… in order to continue this operational efficiency assessment.”

    They said the permission was “similar to the kind of access that Treasury provides to individuals reviewing Treasury systems, such as auditors.”

    Musk’s efficiency drive has met with strong opposition from Democratic lawmakers, who have raised a wide range of legal and ethical concerns about his efforts to slash federal spending.

    In a separate letter sent to Republican President Donald Trump on Tuesday, other Democratic policymakers expressed concern over DOGE’s work involving government data and facilities.

    Labour unions and a grassroots advocacy group have also objected to the moves, filing a lawsuit calling on a federal judge to declare it illegal for Musk or others from DOGE to obtain personal information on taxpayers, and to block the Treasury Department from permitting that to happen.

    In a post on X, the social media platform that he owns, Musk said on Monday that the “only way to stop fraud and waste of taxpayer money is to follow the payment flows and pause suspicious transactions for review.”

    US Treasury grants Musks reform team read-only access to payment data

    Musk’s access to the payments system was approved by Bessent and made possible when a career official was placed on administrative leave after refusing to allow entry, according to the lawsuit. The official later retired.  

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    22febdm@gmail.com
    • Website

    Related Posts

    Meghan Markle and Prince Harry lose four more team members

    June 13, 2025

    Patrick Mahomes, Brittany Mahomes share sweet pics of daughter Golden

    June 13, 2025

    Will Tom Cruise take sliming shots to woo Ana de Armas? Revealed

    June 13, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Demo
    Our Picks
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    World News

    Accused Thai school shooter had watched violent content online, say police

    By 22febdm@gmail.comAugust 9, 20260

    Flowers and pictures of teachers killed are left outside Debsirin Nonthaburi School following a deadly…

    Christine McGuinness calls co-parenting with Paddy ‘blessing’ after split

    August 9, 2026

    Pakistan’s Muhammad Zubair Wins Tekken 8 EWC 2026 Title in Paris

    August 9, 2026

    BTS member V reveals photo secret, shares bandana moment with fans

    August 9, 2026

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    22Media
    Facebook Instagram YouTube WhatsApp
    • Home
    • Politics
    • News
    • Magazines
    © 2026 22Media. Designed by AleemSoft Hub.

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?