Latest in Memo Musk
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Treasury Department revokes access 'mistakenly' given to Musk aide
A former Department of Government Efficiency (DOGE) staffer "mistakenly” received editing access to a sensitive federal payment system at the Treasury Department for a brief period last week before ...The Hill - Feb. 12 -
First DOGE committee hearing becomes referendum on Elon Musk
The star of the first Delivering on Government Efficiency subcommittee hearing in the House Wednesday was an individual not in attendance: Elon Musk. Democrats on the panel took intense aim at ...The Hill - Feb. 12 -
Trump froze a bribery law that previously hit suppliers for Elon Musk's Tesla
President Trump has told Attorney General Pam Bondi to look at past cases by the DOJ involving the Foreign Corrupt Practices Act.CNBC - Feb. 12 -
Wall Street nears sale of $3bn of debt tied to Musk’s Twitter buyout
Billionaire’s close ties to re-elected US president have piqued investors’ interestFinancial Times - Feb. 12 -
Musk’s ‘efficiency’ agency site adds data from controversial rightwing thinktank
Website of ‘Doge’ includes information published by thinktank CEI, which claims to fight ‘climate alarmism’. Flanked by Donald Trump in the Oval Office this week, Elon Musk claimed his ...The Guardian - Feb. 12 -
India's Modi to meet with Trump, Musk on Thursday as trade tensions mount
Indian Prime Minister Narendra Modi has meetings set up for Thursday with President Donald Trump and Tesla CEO Elon Musk, among other leaders.CNBC - Feb. 12 -
Judge won't halt Trump, Musk federal worker buyout program
A federal judge declined to further pause a federal government buyout program, enabling the government to forge ahead with its "Fork in the Road" program. U.S. District Court Judge George O’Toole ...The Hill - Feb. 12 -
Elon Musk’s DOGE Overhauls the Consumer Financial Protection Bureau
The upheaval at the Consumer Financial Protection Bureau offers a glimpse into the playbook that Elon Musk and other Trump allies seem to be writing in real time.The New York Times - Feb. 13 -
Elon Musk takes center stage in first DOGE hearing
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Elon Musk takes center stage in first DOGE hearing Democrats on the panel took ...The Hill - Feb. 13 -
Sanders sounds alarm over Musk acting 'in a sense, illegally'
Sen. Bernie Sanders (I-Vt.) said on Wednesday he thinks all Americans should be concerned that tech billionaire Elon Musk is acting “in a sense, illegally, unconstitutionally.” In a brief interview ...The Hill - Feb. 13 -
OpenAI Questions Rationale of Elon Musk’s Bid to Control the Company
The company answered the billionaire’s offer in a legal filing, accusing him of hypocrisy.The New York Times - Feb. 12 -
OPM: 75,000 workers took Trump, Musk government buyout
Roughly 75,000 federal workers across government have accepted a buyout offer, taking an unusual deal spearheaded by the Trump administration as it looks to reduce the federal workforce. A senior ...The Hill - Feb. 13 -
'On a power trip' or 'obviously brilliant'? Americans weigh Musk's influence
The world's richest man is leading a sweeping cost-cutting drive. What do voters in a key swing state make of his role?BBC News - Feb. 13 -
What will Musk’s businesses gain from his proximity to Trump?
The world’s richest man now holds huge sway over its most powerful leader — and the US governmentFinancial Times - Feb. 13 -
Between Russia and Elon Musk, German Voters Face a ‘Dual Front’ of Disinformation
In the first major European vote since President Trump’s re-election, influence campaigns are targeting Germany from two sides.The New York Times - Feb. 13 -
Musk: 'I think we do need to delete entire agencies'
Tech billionaire Elon Musk, who leads President Trump’s Department of Government Efficiency (DOGE), said the U.S. needs to get rid of “many” government agencies in their entirety. In virtual ...The Hill - Feb. 13 -
Fox host: Musk needs to be transparent about 'billions' in government contract
Fox News host Jessica Tarlov knocked billionaire Elon Musk over what she said is a lack of transparency he is displaying amid efforts to make widespread changes to the size of the federal ...The Hill - Feb. 13 -
Elon Musk calls for US government to 'delete entire agencies'
Elon Musk has called for the United States to “delete entire agencies” from the federal governmentABC News - Feb. 13 -
Judge lifts freeze on Trump and Musk's federal worker buyout plan
President Donald Trump and billionaire Elon Musk's plan to reshape the federal government is entering a new phase after a judge lifted a temporary freeze on their federal employee buyout program. ...NBC News - Feb. 13 -
Musk will withdraw OpenAI bid if ChatGPT maker stays nonprofit, lawyers say
OpenAI was initially founded as a nonprofit in 2015, and later converted to a "capped profit" model in 2019.CNBC - Feb. 13 -
Tesla shares have plunged while Musk takes on Washington. Is that the reason?
Shares of Elon Musk's Tesla electric car company have fallen sharply, leading some investors to wonder if the drop is related to his cost-cutting work in Washington.ABC News - Feb. 13 -
RFK Jr.’s plans could make Musk’s look small
The Senate confirmed Robert F. Kennedy Jr. as Health and Human Services secretary on a mostly party-line vote Thursday.Politico - Feb. 13 -
Trump and Musk launch mass layoffs at several US federal agencies
Termination notices sent to Department of Education and CFPB as Musk pushes to ‘delete entire agencies’ . US politics live – latest updates Mass layoffs have begun at several US agencies as ...The Guardian - Feb. 13 -
Musk Says He’ll Withdraw $97.4 Billion Bid for OpenAI on 1 Condition
Elon Musk and Sam Altman, OpenAI’s CEO, have a long-running feud.Inc. - Feb. 13 -
14 states file a lawsuit arguing Elon Musk's authority at DOGE is unconstitutional
The new lawsuit is one of several accusing President Donald Trump of skirting the Constitution and Musk of operating with unchecked power.NBC News - 6d -
14 states sue Musk and Trump, calling billionaire's role unconstitutional
Fourteen states sued Elon Musk, his Department of Government Efficiency (DOGE) and President Trump on Thursday, arguing that the tech billionaire’s sweeping efforts to cut government spending are ...The Hill - 6d -
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, Musk so far provide scant evidence for their claims of government fraud
Elon Musk and Donald Trump have claimed from the Oval Office and on social media widespread fraud in government, but many of them are unsupported by facts.ABC News - 6d -
Elon Musk’s Attacks on CFPB Remove Obstacle to Building ‘X Money’
Former officials at the Consumer Financial Protection Bureau said Elon Musk’s payment-business aspirations were driving his efforts to hobble the agency.The New York Times - 6d -
Minn. AG among those challenging Musk, DOGE's authority in latest lawsuit
Attorneys general from 14 states are challenging the authority of Elon Musk and his Department of Government Efficiency.CBS News - 6d -
What is Doge and why is Musk cutting so many jobs?
US President Donald Trump’s new agency is tasked with slashing costs - but faces opposition.BBC News - 6d -
Federal employee layoffs begin after Trump and Musk order cuts
The United States government is beginning a new wave of mass firings following President Donald Trump and Elon Musk’s order for sweeping cuts. It comes as the Trump administration advised all ...NBC News - 6d -
Royal Society urged to expel Elon Musk as fellows sign open letter
More than 1,700 academics complain about X owner’s behaviour, citing his ‘assault on scientific research’. Pressure is growing on the Royal Society to expel Elon Musk from its fellowship after ...The Guardian - 6d -
OpenAI tells Musk it is 'not for sale' after tech titan's $97 billion bid
ChatGPT-maker OpenAI has rejected a hostile takeover bid from Elon Musk.NBC News - 5d -
Key Musk DOGE adviser meets with leaders of Medicare agency
The Centers for Medicare & Medicaid Services oversee coverage for 160 million.ABC News - 5d -
OpenAI rejects Elon Musk's $97.4 billion takeover bid
OpenAI attorney William Savitt said the proposal "is not in the best interests of OAI's mission and is rejected."CBS News - 5d -
Rep. Tim Burchett on DOGE and Elon Musk's effort to cut government
A federal judge in Washington, D.C., held a hearing Friday afternoon on the constitutionality of Elon Musk running the Trump White House's Department of Government Efficiency. Republican Rep. Tim ...CBS News - 5d -
OpenAI rejects $97.4bn Musk bid and says company is not for sale
Maker of ChatGPT rebuffs consortium led by Tesla owner and rejects ‘latest attempt to disrupt his competition’. OpenAI on Friday rejected a $97.4bn bid from a consortium led by billionaire Elon ...The Guardian - 5d -
They’re not just suing to stop DOGE. They’re suing Elon Musk himself.
A pair of lawsuits say that, with all the power he has accumulated, Musk is violating the Constitution's rules about the appointment of federal officers.Politico - 5d -
Judge hearing arguments over Musk's authority defers ruling on restraining order
The judge hearing arguments over whether Elon Musk's role at DOGE is unconstitutional indicated she will not issue a ruling Friday on a temporary restraining order.ABC News - 5d