Musk now has access to federal payment systems. What does that mean?

Here's how Musk's access to Treasury system may impact Social Security, other government payments

The new Department of Government Efficiency now has access to a federal system responsible for $6 trillion in annual payments.

CNBC - 16m

A 25-Year-Old With Elon Musk Ties Has Direct Access to the Federal Payment System

The Bureau of the Fiscal Service is a sleepy part of the Treasury Department. It’s also where, sources say, a 25-year-old engineer tied to Elon Musk has admin privileges over the code that controls ...

Wired - 1d

Warren Questions Bessent Over Musk Access to Treasury Payment System

In a letter to the Treasury secretary, the Democratic senator warned against meddling with a system that processes trillions of dollars of transactions.

The New York Times - 2d

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 - 15h

US Treasury moves to quell fears of Musk taking over payments system

Members of Congress told ‘Doge’ has been given limited ‘read-only’ access to the system

Financial Times - 18h

Democrats join protest against Musk’s ‘hostile takeover’ of federal payment systems

Trump ally, whose team has reportedly gained access to sensitive data, accused of ‘desecrating our constitution’. Hundreds of protesters and a contingent of Democratic lawmakers rallied outside the ...

The Guardian - 18h

Treasury Defends Musk Team’s Access to Federal Payment System

The department said that no payments would be interrupted and that it was conducting a review of the integrity of the system.

The New York Times - 19h

Treasury: DOGE will have 'read-only' access to federal payment systems

After people working for Elon Musk's Department of Government Efficiency (DOGE) reportedly sought to gain access to a sensitive federal payment system, the Treasury Department is saying that a ...

The Hill - 19h

Democrats call for investigation into Musk access of Treasury payment systems

Two Senate Democrats called for an investigation Tuesday into tech billionaire Elon Musk’s access of Department of Treasury payment systems. “We write to ask that the Government Accountability ...

The Hill - 23h

What does it mean for USAID now that Rubio is in charge?

Over the weekend, Elon Musk threatened to eliminate the main U.S. agency handling foreign aid. On Monday, it was announced that USAID would merge with the State Department under Marco Rubio's ...

CBS News - 1d

Warren presses Treasury secretary over Musk access to payments system

Sen. Elizabeth Warren (D-Mass.) sent a letter to Treasury Secretary Scott Bessent on Monday demanding to know what access Elon Musk was given to the federal payments system and what safeguards were ...

The Hill - 2d

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

DOGE task force gains access to U.S. Treasury data, payment systems

News comes after departure of Treasury's acting Deputy Secretary David Lebryk after more than 30 years of service.

CBS News - 2d

USAID security leaders removed after refusing Elon Musk's DOGE employees access to secure systems

The U.S. Agency for International Development’s director of security and his deputy were placed on administrative leave Saturday after they tried to prevent employees from the Department of ...

NBC News - 2d

Musk team given access to sensitive federal payment system - reports

The Trump administration grants Musk's team access to system that controls the flow of trillions of dollars in funds, US media report.

BBC News - 2d

Musk vows to cancel grants after gaining access to US Treasury payment system

System disburses trillions of dollars in US government spending each year, including social security

Financial Times - 3d

Elon Musk’s Doge team granted ‘full access’ to federal payment system

Trump’s treasury secretary gives the world’s richest person entry to one of the most sensitive US government databases. Elon Musk’s government-slashing crew, the “department of government ...

The Guardian - 3d

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 - 3d

Top Treasury official retires over DOGE request for access to payment systems

David Lebryk, a top Treasury Department nonpolitical career official, retired Friday after clashing with Elon Musk allies over government payment systems, a source familiar with the matter told The ...

The Hill - 4d

What Does RFK Jr.’s Bird Tie Mean?

As he seeks to lead the health department, Mr. Kennedy wore a thin tie dotted with feathered creatures to cap a classic suit.

The New York Times - 6d

What does Trump's federal funding freeze mean for people who get aid?

Many are unclear on how sweeping the federal funding freeze is intended to be. Here are programs it could affect.

CBS News - Jan. 28

States lose access to Medicaid payment portal amid Trump federal aid freeze

State Medicaid programs across the country are reporting they've lost access to federal payment portals one day after President Trump announced a freeze on federal grants and aid. On Monday, acting ...

The Hill - Jan. 28

What does the resignation of its populist prime minister mean for Serbia?

Milos Vučević quit in an attempt to calm political tensions after months of anti-corruption protests led by students. Serbia’s populist prime minister, Miloš Vučević, has resigned in an attempt to ...

The Guardian - Jan. 28

What is DeepSeek, and what does it mean for AI companies in US?

DeepSeek, a new virtual assistant from a small Chinese company with limited resources, fueled a massive stock selloff on Wall Street Monday and sent large U.S. companies reeling after it hit No. 1 ...

NBC News - Jan. 28

Understanding Escrow: What The Decision To Cancel Payments Could Mean For The Penguins

The NHL has officially cancelled player escrow payments for the remainder of the 2024-25 season - and this could be big news for a team like the Pittsburgh Penguins

Yahoo Sports - Jan. 24

What does Trump's new immigration executive order mean?

President Trump signed an executive order that "suspends the physical entry of aliens engaged in an invasion of the United States through the southern border." Plus, all federal diversity, equity ...

CBS News - Jan. 22

Trump Says He Ended the ‘EV Mandate.’ What Does That Mean?

Policy experts say the implications of Donald Trump’s executive order for EV owners—and the EV-curious—won’t be clear for a while.

Wired - Jan. 22

Trump's hand wasn't on the Bible during the oath of office: What does this mean?

Trump was sworn in as the country's 47th president on Monday.

The Hill - Jan. 20

NHL Cancels Escrow Payments; What It Means For Islanders

The NHL has received some very promising financial news.

Yahoo Sports - Jan. 19

Fake Meat Is Processed. What Does That Mean for Its Health Benefits.

After being targeted by the meat industry, swept up in the culture wars and pummeled in sales, two plant based meat companies are reinventing themselves.

The New York Times - Jan. 16

What does it mean to 'contain' a wildfire?

Deadly wildfires continue to ravage the Los Angeles area as firefighters battle windy conditions to contain the blazes. But what does it mean to “contain” a wildfire?

NBC News - Jan. 13

What does the gilt sell-off mean for your money?

Mortgages, pensions and investments likely to feel the effects of rising bond yields

Financial Times - Jan. 10

Trump Received an Unconditional Discharge. What Does That Mean?

The rare and lenient sentence, which will spare President-elect Donald J. Trump jail time, was used to address his unusual status.

The New York Times - Jan. 10

UK borrowing costs rising - what does it mean for me?

Government borrowing costs have hit their highest level for several years - what does it mean for you?

BBC News - Jan. 9

What does the Gavin Lux trade mean for the Dodgers and Reds in 2025?

Lux adds an above-average lefty bat to a Cincinnati lineup that needed a boost and clears some room in the Los Angeles infield.

Yahoo Sports - Jan. 7

Musk now has access to federal payment systems. What does that mean?

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