Here’s a key Social Security issue that Elon Musk’s DOGE task force could tackle — and it’s not fraud
Read more at MarketWatch
Topics
-
Elon Musk turns his sights to Social Security. Could he cut it?
For tens of millions of Americans, Social Security is the most vital federal program of allMarketWatch - Feb. 12 -
Watchdogs support Musk’s goal of tackling fraud — but question the way DOGE is doing it
Elon Musk's Department of Government Efficiency has needlessly politicized the issue of improper spending and could make real changes harder, several experts said.NBC News - 5d -
Elon Musk is coming for your Social Security
Elon Musk has used his platform to spread false claims about Social Security, potentially leading to the theft of earned benefits, while President Trump is giving him the power to do so.The Hill - 3d -
As DOGE continues federal budget cuts, Elon Musk turns focus to people over 100 receiving Social Security benefits
Amid efforts to cut wasteful federal spending, there's new scrutiny on just how long some Social Security beneficiaries have been receiving payments.CNBC - 1d -
Should you be worried about Elon Musk’s DOGE accessing your Social Security information?
Attempts by the so-called Department of Government Efficiency, or DOGE, to seek access to the Social Security Administration’s database have sparked concern that it could compromise people’s ...MarketWatch - 1h -
Turner announces DOGE task force at HUD
Department of Housing and Urban Development (HUD) Secretary Scott Turner announced that there will be a Department of Government Efficiency (DOGE) task force within the agency to eliminate ...The Hill - 6d -
Here are all the agencies that Elon Musk and DOGE have been trying to dismantle
Elon Musk's Department of Government Efficiency has made swift work of the billionaire's goal to curtail the government. Here are some of the actions it has taken.ABC News - Feb. 11 -
Digging into Elon Musk's claims that people over 150 years old are collecting Social Security
Elon Musk has recently made several claims that 150-year-olds are receiving Social Security benefits. So the CBS News Confirmed team looked for evidence of improper payments or potential fraud. CBS ...CBS News - 19h -
How Elon Musk’s ‘DOGE’ playbook could trigger a bear market for stocks
Big cuts in the federal deficit will almost certainly lead to a large reduction in corporate profits.MarketWatch - 6d -
Trump and Musk Suggest Millions of Dead People Get Social Security. Here Are the Facts.
The database includes millions of Americans who are probably dead but who have no death records. But they generally don’t collect checks, as Musk and Trump suggest.The New York Times - 23h -
Are ‘150-year-old’ Americans really collecting Social Security? And 4 other common questions on Social Security fraud.
The Trump administration says millions of Americans — some as old as 250 and beyond — are receiving benefits.MarketWatch - 1h -
Former Social Security chief rips DOGE 'nitwits'
Former Social Security Administration Commissioner Martin O'Malley slammed employees at the Department of Government Efficiency (DOGE) for its sweeping budget cuts and recent attempts at probes of ...The Hill - 1d -
No, ‘DOGE’ cannot save Social Security or Medicare
I don’t care how many dead people they think they see in the Social Security system — the numbers aren’t there.MarketWatch - 1h -
What to know about Elon Musk's DOGE and its latest impact on federal agencies
Katie Drummond, the global editorial director at Wired, joins "CBS Mornings Plus" to explain what to know about the Department of Government Efficiency, or DOGE, which is run by Elon Musk, its ...CBS News - Feb. 10 -
Top Social Security official steps down after disagreement with DOGE
NBC News has learned that the acting commissioner of the Social Security Administration, Michelle King, has resigned after refusing a request from the Department of Government Efficiency to access ...NBC News - 2d -
DOGE Push for Social Security Data Prompts Acting Head to Quit
Michelle King, a 30-year veteran of the Social Security Administration, resigned under pressure over the weekend after resisting DOGE efforts to access sensitive information.Inc. - 2d -
Social Security COLA could fall in 2026, forecasts say
Social Security’s cost-of-living adjustment may be slightly lower in 2026, even as inflation remains high.MarketWatch - Feb. 13 -
Democrats rally against Musk: ‘Hands off our Social Security’
Democrats rallied against billionaire tech mogul Elon Musk, who also heads up President Trump’s Department of Government Efficiency (DOGE), outside the Social Security Administration’s headquarters ...The Hill - Feb. 10 -
Musk misreads Social Security data, millions of dead people not on benefits: Experts
President Donald Trump and Elon Musk are falsely implying that millions of dead Americans are receiving Social Security benefits, experts told ABC News.ABC News - 23h -
Who is part of DOGE leader Elon Musk's family?
Elon Musk is taking an influential Washington role but remains private about his family and life out of the spotlight.The Hill - Feb. 8 -
How Elon Musk is using tech to DOGE the government
Elon Musk is using his tech and leadership playbook in a crusade against the federal bureaucracy as he and his allies attempt to gain access to sensitive information and use emerging tech to speed ...The Hill - Feb. 9 -
White House says Elon Musk is not part of DOGE
The White House said Monday that Elon Musk is technically not part of the Department of Government Efficiency (DOGE), even though the tech billionaire is said to be leading its sweeping ...The Hill - 2d -
Elon Musk Is Focused on DOGE. What About Tesla?
Mr. Musk, one of President Trump’s main advisers, has not outlined a plan to reverse falling sales at the electric car company of which he is chief executive.The New York Times - 4h -
Elon Musk’s Toxicity Could Spell Disaster for Tesla
Staggering sales drops, swastika-daubed EVs, companies culling fleet models, and fan-forum owners selling their cars—Elon Musk's alt-right antics are seriously impacting his electric car business.Wired - 6d -
Former Palantir and Elon Musk Associates Are Taking Over Key Government IT Roles
The chief information officers of at least three major government agencies have been replaced by Silicon Valley executives, including from Palantir and Elon Musk’s SpaceX.Wired - Feb. 12 -
Key Musk DOGE adviser meets with leaders of Medicare agency
The Centers for Medicare & Medicaid Services oversee coverage for 160 million.ABC News - 5d -
'Keep your hands off our Social Security,' lawmakers warn amid DOGE budget cuts
As the Trump administration seeks to make massive cuts to federal spending, certain lawmakers and advocates say Social Security shouldn't be a target.CNBC - Feb. 11 -
Top Social Security official steps down after disagreement with DOGE over sensitive data
King’s departure is the latest in a wave of exits from senior officials whose agencies have come into DOGE’s crosshairs.NBC News - 2d -
Social Security chief steps down over DOGE access to recipient data: Reports
The Social Security Administration’s acting leader stepped down from her role over requests from the Department of Government Efficiency (DOGE) to access recipient data, according to several ...The Hill - 2d -
Top Social Security official steps down after clash with DOGE, sources say
The top official at the Social Security Administration stepped down after a clash with DOGE employees over access to sensitive personal records, sources told ABC News.ABC News - 2d -
My mother did not receive Social Security after my father died. Could a new law change that?
“My mom has always been a school teacher and never paid into Social Security.”MarketWatch - Feb. 10 -
Musk's DOGE is at the IRS, raising concerns about taxpayer data security
Some Democratic lawmakers are raising concerns about the security of taxpayer data as Musk's cost-cutting task force moves to the IRS.CBS News - 2d -
Top Social Security Official Leaves After Musk Team Seeks Data Access
The departure of the acting commissioner is the latest backlash to the Department of Government Efficiency’s efforts to access sensitive data.The New York Times - 2d -
Elon Musk’s DOGE Is Working on a Custom Chatbot Called GSAi
The chatbot is part of Elon Musk and President Donald Trump’s ambitions to use AI and other technologies to cut costs and modernize the US government.Wired - Feb. 7 -
Pres. Trump gives Elon Musk and DOGE permission to look at Pentagon
President Donald Trump continues his efforts to reduce the size of the federal government, including the Pentagon, with the help of Elon Musk and his DOGE commission. NBC News Correspondents Kelly ...NBC News - Feb. 7 -
How Trump is testing checks and balances through Elon Musk's DOGE
NBC News' Laura Jarrett looks at whether there are legal paths to block recent moves by President Trump and Elon Musk's Department of Government Efficiency.NBC News - Feb. 7 -
Elon Musk's DOGE entered NOAA headquarters, sources say
Employees from the White House's Department of Government Efficiency have entered the Office of the National Oceanic and Atmospheric Administration, or NOAA. CBS News environmental correspondent ...CBS News - Feb. 7 -
Judge blocks Elon Musk's DOGE from accessing Americans' sensitive data
Elon Musk and his team of cost-cutters at the Department of Government Efficiency have found their next target, the Consumer Financial Protection Bureau. But security concerns about their actions - ...CBS News - Feb. 8
More from MarketWatch
-
Gold may soar past $3,000 — but at these prices you’re overpaying
Why you can expect below-average returns from gold in coming years.MarketWatch - 11m -
Stagflation-like trend can’t be ruled out, Fed’s Musalem says
The U.S. economy is facing the potential risk of a period in which the labor market softens as inflation heats up, St. Louis Federal Reserve Bank President Alberto Musalem said on Thursday.MarketWatch - 21m -
‘I believe myself to be an honorable person’: Do I have the right to ask my husband what happens to his house if he dies?
“I would really like things to be in order should anything happen to either one of us.”MarketWatch - 1h -
The Chips Act may be dead. That’s another big hurdle for semiconductor stocks.
Moves expected by the Trump administration to gut a key government scientific agency could bring another challenge for semiconductor and chip-equipment companies — and their stocks.MarketWatch - 1h -
Should you be worried about Elon Musk’s DOGE accessing your Social Security information?
Attempts by the so-called Department of Government Efficiency, or DOGE, to seek access to the Social Security Administration’s database have sparked concern that it could compromise people’s ...MarketWatch - 1h
More in Business
-
Gold may soar past $3,000 — but at these prices you’re overpaying
Why you can expect below-average returns from gold in coming years.MarketWatch - 11m -
Trump Tests Fed’s Independence With Order Expanding Authority Over Agencies
A directive calling for oversight over the central bank’s regulatory and supervisory responsibilities has set off alarm.The New York Times - 12m -
Airbus Says U.S. Tariffs Would Be ‘Lose-Lose’ for Airline Industry
The European airline maker, which is Boeing’s chief rival, said it would adapt to any new tariffs, including passing on costs to its customers.The New York Times - 18m -
Stagflation-like trend can’t be ruled out, Fed’s Musalem says
The U.S. economy is facing the potential risk of a period in which the labor market softens as inflation heats up, St. Louis Federal Reserve Bank President Alberto Musalem said on Thursday.MarketWatch - 21m -
Amazon surpasses Walmart in revenue for first time
Walmart reported $180.5 billion in sales during the most recent quarter while Amazon reeled in $187.8 billion.CNBC - 31m