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How Elon Musk’s team gained access to US Treasury’s $6 trillion payment system amid spending battle

Feb 02, 2025
Elon Musk's team gained control over the U.S. Treasury's payment systems, sparking criticism from Democrats. They worry about political interference in government functions. Musk's team now oversees trillions of dollars in payments, like Social Security and tax refunds. It's led by a Silicon Valley executive named Tom Krause. Before this, David Lebryk, a senior career official at the Treasury, was removed. He resisted giving access to political operatives linked to Musk. Now, Musk's team can oversee Treasury's payments, which is a big change. Democrats, like Senator Ron Wyden and Senator Elizabeth Warren, worry about political meddling. They fear it could harm the country's economy. Former Treasury Secretary Jack Lew also voiced concern. Musk's influence is growing in U.S. government agencies. His team is now involved in various federal departments. They aim to reform government processes. Musk has defended his team's involvement, claiming they found issues with the payment processes. There are ongoing legal battles over federal spending. Democrat-led states and nonprofits are suing the Trump administration. They're fighting against attempts to freeze federal payments. The controversy raises concerns about political interference in essential government services. The future of the U.S. Treasury's payment systems and their role in supporting the economy and social services remains uncertain.

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