Warren Questions Bessent Over Musk Access to Treasury Payment System

New details on Musk's DOGE agency raise questions about its scope, transparency

As Elon Musk prepares to launch the new Department of Government Efficiency, government watchdog groups are concerned about its purported scope and level of transparency.

ABC News - Jan. 24

Trump questions if concerns over TikTok are 'that important.' Some aides say they are

Donald Trump is downplaying the potential threat that TikTok poses to national security -- but numerous aides and allies are squarely at odds with the president.

ABC News - Jan. 23

Warren sends Musk 30 ideas for DOGE to cut government spending

Sen. Elizabeth Warren (D-Mass.) sent tech billionaire Elon Musk 30 ideas for how the newly formed Department of Government Efficiency (DOGE) could cut government spending. Warren's Thursday letter ...

The Hill - Jan. 23

Netanyahu jumps to Musk's defense over salute: 'Falsely smeared'

Israeli Prime Minister Benjamin Netanyahu defended Elon Musk after he was accused of doing a Nazi salute at an event following Monday’s inauguration. “@elonmusk is being falsely smeared,” he wrote ...

The Hill - Jan. 23

Musk out of line questioning Stargate investment announcement, Bannon says

Former Trump advisor Steve Bannon slammed Tesla CEO Elon Musk on Wednesday, calling him out for his criticism of President Trump's newly announced infrastructure project for artificial intelligence ...

The Hill - Jan. 23

OpenAI spars with Elon Musk over $500bn Stargate project

Tesla boss in rare break with Donald Trump over AI initiative, saying ‘they don’t actually have the money’

Financial Times - Jan. 22

Musk responds to backlash over gesture at Trump rally

The billionaire says his critics "need better dirty tricks" after a gesture likened to a Nazi salute.

BBC News - Jan. 21

Stefanik, Murphy clash over Musk gesture at confirmation hearing

Rep. Elise Stefanik (R-N.Y.) clashed during her confirmation hearing with Sen. Chris Murphy (D-Conn.) over comparisons of Elon Musk’s gesture during an Inauguration Day speech to a Nazi salute. ...

The Hill - Jan. 21

Elon Musk once called his questions ‘boneheaded.’ What Wall Street is losing as this clear-eyed analyst retires.

With the incoming pro-business Trump administration, Wall Street needs people willing to ask hard questions and look into whether there’s substance behind bold corporate predictions.

MarketWatch - Jan. 18

E.U. Expands Investigation of Musk’s X Over Illicit Content

The probe is a test of the European Union’s willingness to go after X’s owner, Elon Musk, whose geopolitical influence has grown because of his ties to the incoming Trump administration.

The New York Times - Jan. 17

E.U. steps up probe into Elon Musk's X over content moderation

The European Commission said it was stepping up its investigation into whether Elon Musk’s social media network X breached EU rules on content moderation.

NBC News - Jan. 17

Trump's choice for treasury secretary questioned on the economy

Scott Bessent, President-elect Trump's pick for Treasury Secretary, was pressed about Trump's economic plans at his Senate confirmation hearing. NBC News' Garrett Haake reports.

NBC News - Jan. 16

Bessent's big day

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump's Treasury nominee takes center stage Scott Bessent, President-elect ...

The Hill - Jan. 16

Trump Treasury Pick Scott Bessent Defends Plans to Cut Taxes and Raise Tariffs

Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.

The New York Times - Jan. 16

Bessent calls for stronger Russia sanctions at treasury confirmation hearing

Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.

CBS News - Jan. 16

'Will I receive an IRS stimulus check?' Answers to top questions on the $1,400 automatic payments

As tax filing season starts, 1 million taxpayers are already set to receive automatic payments from the IRS.

NBC News - Jan. 16

Kick It Out questions Fifa and Conmebol over Fernandez video

Kick It Out (KIO) asks Fifa if it has taken any action over a video posted on social media by Chelsea's Enzo Fernandez last year featuring an alleged "racist and transphobic" chant.

BBC News - Jan. 16

Watch live: Treasury hopeful Scott Bessent testifies at Senate confirmation hearing

Billionaire investor Scott Bessent, President-Trump's pick to head the Treasury Department, will testify before the Senate Finance Committee on Thursday morning. During the confirmation hearing, ...

The Hill - Jan. 16

'Will I receive an IRS stimulus check?' Answers to top questions on the $1,400 automatic payments

The IRS plans to send 1 million Americans stimulus payments of up to $1,400 this month. Here's who qualifies.

CNBC - Jan. 16

What Scott Bessent, Trump’s Treasury Pick, Might Get Asked Today

Scott Bessent, a billionaire hedge fund manager, will likely face tough questions on tax cuts and tariffs — and how bond markets might check his economic agenda.

The New York Times - Jan. 16

South Korea President Yoon Is Detained for Questioning Over Martial Law

Yoon Suk Yeol became the first South Korean leader to be held by criminal investigators, ending a long standoff after he imposed martial law.

The New York Times - Jan. 15

Chris Mason: Political heat map flashes red over Treasury

The BBC's political editor explains the headaches the Treasury is giving Sir Keir Starmer.

BBC News - Jan. 15

S.E.C. Sues Elon Musk Over Twitter-Related Securities Violations

Regulators filed a lawsuit in federal court stemming from Mr. Musk’s $44 billion purchase of the social media company now called X.

The New York Times - Jan. 15

Moon over Mars? Congress is determined to kill Elon Musk’s space dream.

The Trump ally wants the U.S. to forgo the lunar surface for the red planet. He faces one problem: Congress.

Politico - Jan. 13

Bessent to divest from assets on road to leading Treasury

President-elect Trump’s Treasury Secretary pick Scott Bessent has plans to divest from funds and other investments as he prepares to take over as the country’s top economic official. In an ...

The Hill - Jan. 13

Scott Bessent, Trump’s Billionaire Treasury Pick, Will Shed Assets to Avoid Conflicts

Financial disclosure forms show hundreds of millions of assets including property in the Bahamas and investments in Bitcoin and bets against China’s currency.

The New York Times - Jan. 11

Vince McMahon, SEC reach $1.7M settlement over hush money payments

World Wrestling Entertainment (WWE) co-founder Vince McMahon reached a settlement with the Securities and Exchange Commission (SEC) on Friday for failing to disclose two payments made on behalf of ...

The Hill - Jan. 10

Former WWE Boss Vince McMahon Settles SEC Charges Over Payments to Women

The wrestling entrepreneur settled charges he failed to properly disclose payments to women alleging sexual misconduct.

The Wall Street Journal - Jan. 10

Questions mount over budget cuts made ahead of L.A.-area wildfires

Los Angeles city leaders are facing mounting questions over whether the city was prepared as the wildfires, including the Palisades Fire, broke out. L.A. Mayor Karen Bass is also facing criticism ...

CBS News - Jan. 10

Questions over attack linger as New Orleans brings in security expert

New Orleans is facing lawsuits and investigations surrounding its safety barriers as the Super Bowl and dozens of Mardi Gras parades loom.

CBS News - Jan. 9

Warren questions Trump IRS nominee's experience, promotion of tax credit

Sen. Elizabeth Warren (D-Mass.) voiced concerns about President-elect Trump’s nominee to lead the Internal Revenue Service (IRS) on Wednesday, pressing him for answers about his previous experience ...

The Hill - Jan. 9

EU Commission urged to act over Elon Musk’s ‘interference’ in elections

MEPs say enforcement of Digital Services Acts has been ‘too slow’, as Musk plans livestream with German far-right politician. The EU executive has been too slow in enforcing a major law intended to ...

The Guardian - Jan. 8

Why Meta is ending fact-checking, shifting to Elon Musk's X notes system

Meta CEO Mark Zuckerberg announced the company will cease third-party fact-checking and move toward community notes similar to those used on X, the social media company owned by Elon Musk. CBS ...

CBS News - Jan. 7

Meta to end fact-checking, replacing it with system similar to Musk's X

Meta CEO Mark Zuckerberg cites "cultural tipping point" of election in making major changes to practices.

CBS News - Jan. 7

Meloni in hot water over government talks with Musk’s SpaceX

Italian premier accused of currying favour with world’s richest man at expense of European satellite initiative

Financial Times - Jan. 7

C.F.P.B Sues Unit of Warren Buffett’s Berkshire Hathaway Over Risky Mortgages

A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them.

The New York Times - Jan. 6