Latest in Treasury Says Elon
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DOT secretary says he spoke with Elon Musk on U.S. airspace reforms
DOT Secretary Sean Duffy slammed the use of U.S. military helicopters for "convenience" after a fatal crash.CNBC - 6h -
Judge says Elon Musk's claims of harm from OpenAI are a 'stretch' but welcomes possible trial
Elon Musk’s lawyers faced off with OpenAI in court Tuesday as a federal judge weighed the billionaire’s request for a court order that would block the ChatGPT maker from converting itself to a ...ABC News - 1d -
Here’s what junk bonds are saying now about the value of Treasury bonds
High-yield bond holders aren’t asking for much of a premium above ultra-safe U.S. Treasurys. Time to own quality.MarketWatch - 5h -
Democrats and protesters rally outside treasury department to protest Elon Musk’s access to sensitive information – live
Democrats also unveiled a bill, called Stop the Steal, to counter the billionaires ‘shadow government’ amid concerns of his access to federal government information. As the clock nears midnight in ...The Guardian - 1d -
Treasury says Elon Musk's DOGE has "read only" access to payment systems
Democratic lawmakers have expressed concern that access to the system could allow DOGE, which disburses nearly 90% of all federal payments, to restrict disbursement of federal funds.CBS News - 1d -
Elon Musk Sows Confusion By Saying He ‘Deleted’ IRS Direct File Program
The free filing program from the IRS remains available for the coming tax season.Inc. - 1d -
Raskin: 'I'm with Steve Bannon and Laura Loomer’ and others saying 'Watch Elon Musk'
Rep. Jamie Raskin (D-Md.) said Monday that the Trump administration needs to keep a close eye on billionaire Elon Musk, a key ally of President Trump — echoing a warning several outspoken far-right ...The Hill - 1d -
Elon Musk may have just staged a ‘21st-century coup’ at the Treasury Department. What could happen next.
Democrats say Musk, in shutting down USAID, is acting at China’s behest.MarketWatch - 1d -
Treasury Dept. gives Elon Musk's team access to federal payment system: Sources
If Elon Musk or his DOGE team were to attempt to block federal payments, it would likely face legal challenges given the money is approved by Congress.ABC News - 2d -
Elon Musk says Trump agreed to "shut down" USAID, government's primary humanitarian aid agency
CBS News has learned at least two top security officials at the U.S. Agency for International Development, USAID, have been placed on administrative leave after the two officials refused to allow ...CBS News - 2d -
Trump says Elon Musk won't take action 'without our approval'
Trump to discuss tariffs with officials from Canada and MexicoNBC News - 2d -
Elon Musk says he and Trump are shutting down USAID
Tech billionaire Elon Musk said Monday that he and President Donald Trump were in the process of shutting down the USAID, escalating their war on the federal bureaucracy.NBC News - 2d -
Elon Musk says USAid is ‘beyond repair’ and he is working to shut it down
Billionaire says in social media discussion that Donald Trump agrees the world’s largest single donor should be shut down. Elon Musk, who is heading Donald Trump’s efforts to shrink the federal ...The Guardian - 2d -
Elon Musk’s Team Now Has Access to Treasury’s Payments System
Treasury Secretary Scott Bessent gave Mr. Musk’s representatives at the so-called Department of Government Efficiency a powerful tool to monitor and potentially limit government spending.The New York Times - 4d -
Man arrested with Molotov cocktails aimed to kill Treasury secretary at Capitol, police say
The nomination of Scott Bessent as Treasury secretary by President Donald Trump was confirmed Monday by the Senate.CNBC - Jan. 28 -
Elon Musk's call for Germany to 'move beyond' Nazi guilt is dangerous, Holocaust memorial chair says
Musk's AfD support, followed a gesture many said resembled a Nazi salute, and came as leaders are due to observe the 80th anniversary of Auschwitz's liberation.NBC News - Jan. 26 -
Jamie Dimon says he's patched relationship with Musk: 'Elon and I hugged it out'
Last year, JPMorgan agreed to drop a lawsuit against Tesla. Now, the JPMorgan CEO is calling Musk "our Einstein."CNBC - Jan. 22 -
Trump says he's open to TikTok sale to Elon Musk or Larry Ellison
At a press briefing on Tuesday, President Trump suggested that he's open to the idea of Elon Musk or Larry Ellison buying TikTok.CNBC - Jan. 22 -
Senate committee advances nomination for Trump Treasury pick
Editor's note: This article was updated to correct Sen. Ron Wyden's (D-Ore.) role on the Senate Finance Committee The Senate Finance Committee voted 16-11 on Tuesday morning to advance the ...The Hill - Jan. 21 -
Elon Musk says he is 'fired up for the future' at Trump's inaugural rally
Billionaire tycoon Elon Musk shared his excitement for the future during President Donald Trump’s inaugural rally. At one point, the crowd chanted, "Elon! Elon!" Musk then forcefully touched his ...NBC News - Jan. 20 -
UK Treasury’s cost-saving unit is ‘poorly defined with a vague remit’, say MPs
Committee demands transparency on costs and delivery of the new Office for Value for MoneyFinancial Times - Jan. 20 -
Trump unlikely to impose trade tariffs on UK, says Treasury minister
Darren Jones says Britain should not look at the incoming US president ‘as a risk’Financial Times - Jan. 19 -
US treasury secretary says US will take measures to avoid default
U.S. Treasury Secretary Janet Yellen is warning that the government will reach its debt limit on Tuesday and will need to take “extraordinary measures” to avoid risking a potentially catastrophic ...NBC News - Jan. 18 -
SpaceX’s Starship blew up. Elon Musk says it’s ‘barely a bump in the road.’
SpaceX CEO Elon Musk described the explosion of the company’s Starship spacecraft during its seventh flight test Thursday as “barely a bump in the road,” underlining the momentum behind the ...MarketWatch - Jan. 17 -
Home insurance costs soaring as climate-related events surge, Treasury Department says
During the period, costs for policies across all categories rose 8.7% faster than the rate of inflation.CNBC - Jan. 17 -
Morning Report — Treasury choice touts Trumponomics
In today’s issue: President-elect Trump won the November election with bold economic promises embraced by an electorate ready to hold him responsible if prices don’t ease, job prospects aren’t ...The Hill - 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 -
Treasury Says Pandemic Spending Saved Jobs
Treasury Secretary Janet Yellen said the Biden administration’s stimulus checks reduced major downside risks.Inc. - Jan. 15 -
Elon Musk Is an ‘Evil Person,’ Steve Bannon Says
The comments highlighted rifts within the U.S. right wing and between two men who have been influential advisers to President-elect Donald J. Trump.The New York Times - 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 -
Steve Bannon says he will 'take down' the 'truly evil' Elon Musk
President-elect Trump’s former adviser Steve Bannon has vowed to “take down” tech billionaire Elon Musk, calling him “truly evil.” In an interview with Italian newspaper Corriere della Sera, as ...The Hill - Jan. 12 -
Treasury yields fall in shortened trading session
U.S. Treasury yields fell during a shortened trading session as the bonds market will close early in honor of the late former U.S. President Jimmy Carter.CNBC - Jan. 9 -
Britain is on the verge of a financial crisis. A key U.K. Treasury official says he can’t afford a Bloomberg subscription.
A top U.K. government official told Parliament he can’t afford a subscription to Bloomberg News.MarketWatch - Jan. 9 -
Elon Musk says all human data for AI training ‘exhausted’
Tech boss suggests move to self-learning synthetic data though some warn this could cause ‘model collapse’. Business live – latest updates Artificial intelligence companies have run out of ...The Guardian - Jan. 9 -
Bond market turmoil eases as Treasury minister says ‘no need’ for government intervention – business live
Lib Dems say chancellor should stay and make emergency fiscal statement and also cancel planned national insurance hike. Reeves’ fiscal rules non-negotiable in face of bond sell-off, deputy ...The Guardian - Jan. 9 -
Elon Musk says DOGE probably won't find $2 trillion in federal budget cuts
Tech billionaire Elon Musk said Wednesday that his budget-cutting effort on behalf of President-elect Donald Trump would most likely not find $2 trillion in savings, backtracking on a goal he set ...NBC News - Jan. 9 -
Treasury: Covid Stimulus May Have Contributed to Inflation
Treasury secretary Janet Yellen said spending could have have contributed ‘a little bit’ to rising inflation.Inc. - Jan. 8 -
Treasury yield curve steepens for all the wrong reasons
Investors continued to sell off the 30-year Treasury bond for a sixth straight session on Wednesday, pushing its yield further into its highest closing level in more than a year.MarketWatch - Jan. 8 -
Elon Musk's DOGE says it's hiring. Here are the jobs it wants to fill.
Elon Musk and Vivek Ramaswamy's Department of Government Efficiency says it's now hiring. Here's how to apply.CBS News - Jan. 8