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US treasury says Musk team has ‘read-only’ access to payments data

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Elon Musk’s Government Reform Team Gains Access to Treasury Department’s Payment System

Background

President Donald Trump’s federal cost-cutting efforts were spearheaded by Elon Musk under the newly created department of government efficiency (DOGE). As part of this drive, Musk reportedly pushed for a team led by IT executive Tom Krause to be given access to the treasury department’s closely guarded payment system.

Access Granted

The treasury department has confirmed that Krause’s team has been granted read-only access to the payment system, which handles trillions of dollars of transactions, including social security and Medicare payouts, federal salaries, and more. The permission was granted by treasury secretary Scott Bessent, who deemed it necessary for the team to continue their operational efficiency assessment.

Concerns Raised

Democratic lawmakers have raised a wide range of legal and ethical concerns about Musk’s moves to slash federal spending. Senators Elizabeth Warren and Ron Wyden sent a letter to the congressional watchdog agency demanding an investigation into reports that Bessent personally granted Musk and his aides access to the payment system.

Lawsuit Filed

Labour unions and a grassroots advocacy group have also objected to the moves, filing a lawsuit calling on a federal judge to declare it illegal for Musk or others from DOGE to access personal information on taxpayers. The lawsuit seeks to block the treasury department from allowing such access.

Musk’s Perspective

In a post on X, the social media platform he owns, Musk stated that the “only way to stop fraud and waste of taxpayer money is to follow the payment flows and pause suspicious transactions for review.” His access to the payments system was approved by Bessent and made possible when a career official was put on administrative leave after refusing to allow entry, according to the lawsuit.

Conclusion

The controversy surrounding Elon Musk’s government reform team’s access to the treasury department’s payment system highlights the ongoing debate over the role of private industry in government reform efforts. While Musk’s team claims to be working towards improving operational efficiency, critics argue that the move is a threat to taxpayer privacy and security.

FAQs

* What is the Department of Government Efficiency (DOGE)?
+ DOGE is a newly created department aimed at reducing federal spending and improving government efficiency, led by Elon Musk.
* Who has access to the treasury department’s payment system?
+ According to the treasury department, Tom Krause’s team has been granted read-only access to the payment system for operational efficiency assessment purposes.
* What are the concerns raised by Democratic lawmakers?
+ Democratic lawmakers have raised concerns over the potential threat to taxpayer privacy and security, as well as the lack of transparency and accountability in the government reform efforts.
* What is the lawsuit filed by labour unions and advocacy groups about?
+ The lawsuit seeks to declare it illegal for Musk or others from DOGE to access personal information on taxpayers and to block the treasury department from allowing such access.

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