• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Elon Musk outlines ‘super obvious’ changes DOGE and Treasury have agreed to make

by February 9, 2025
written by February 9, 2025

Billionaire Elon Musk outlined a list of ‘super obvious’ changes that his Department of Government Efficiency (DOGE) plans to make at the U.S. Treasury Department this weekend.

Musk says officials at the treasury are working to make the government’s books more simple to audit, as well as more accountability for where funds are going. The changes also require treasury employees to more frequently update the congressional ‘do not pay’ list, which highlights fraudsters and illegal fronts.

‘Nobody in Treasury management cared enough before. I do want to credit the working level people in Treasury who have wanted to do this for many years, but have been stopped by prior management,’ Musk said.

‘Everything at Treasury was geared towards complain[t] minimization. People [who] receive money don’t complain, but people who don’t receive money (especially fraudsters) complain very loudly, so the fraud was allowed to continue,’ he added.

‘The above super obvious and necessary changes are being implemented by existing, long-time career government employees, not anyone from DOGE,’ Musk added.

‘It is ridiculous that these changes didn’t exist already! Yesterday, I was told that there are currently over $100B/year of entitlements payments to individuals with no SSN or even a temporary ID number,’ he continued. ‘If accurate, this is extremely suspicious. When I asked if anyone at Treasury had a rough guess for what percentage of that number is unequivocal and obvious fraud, the consensus in the room was about half, so $50B/year or $1B/week!! This is utterly insane and must be addressed immediately.’

Musk’s tirade toward the treasury department comes just after a federal judge blocked DOGE’s ability to access treasury department systems. The Tesla CEO condemned the ruling as ‘insane’ this weekend.

The Friday lawsuit, which was filed by 19 Democratic attorneys general, claimed Musk’s team violated the law by being given ‘full access’ to the Treasury’s payment systems. The systems include information about Americans’ Social Security, Medicare and veterans’ benefits, tax refund information and more.

The lawsuit was filed in New York by the office of New York Attorney General Letitia James, who wrote that President Donald Trump ‘does not have the power to give away Americans’ private information to anyone he chooses, and he cannot cut federal payments approved by Congress.’

U.S. Treasury Secretary Scott Bessent has expressed support for Musk and DOGE in the past, recently saying that the U.S. ‘doesn’t have a revenue problem, we have a spending problem.’

‘At the Treasury, our payment system is not being touched,’ Bessent said in a ‘Kudlow’ interview on Wednesday. ‘We process 1.3 billion payments a year. There is a study being done — can we have more accountability, more accuracy, more traceability that the money is going where it is?’

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Days before Trump halted funding, an ex-Israeli hostage was held at UNRWA school in Gaza, she reveals
next post
Parents of American murdered by Hamas make ‘plea’ to Trump after latest hostage release

related articles

From Biden’s ‘war’ on gas prices to ‘small...

March 13, 2026

US diplomatic facility in Iraq struck by drone

March 13, 2026

171 million travelers face airport delays as Democrats’...

March 13, 2026

From Biden’s ‘war’ on gas prices to ‘small...

March 13, 2026

FDA launches new AI-powered system to track drug...

March 13, 2026

Cornyn reverses on filibuster stance to push Trump’s...

March 13, 2026

DAVID MARCUS: Sen Thune has no idea how...

March 13, 2026

Trump touts 5-0 sweep by endorsed candidates in...

March 13, 2026

US destroys 16 Iranian mine boats as Strait...

March 13, 2026

House GOP urges Trump to choke off Iran...

March 13, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Ethereum price is entering a sideways consolidation

    July 24, 2024
  • Who is Pam Bondi, Trump’s new pick for attorney general?

    November 23, 2024
  • DAVID MARCUS: ‘Hamilton’ cancels itself as the Left continues to divide us

    March 6, 2025
  • New Starbucks CEO Brian Niccol outlines priorities to end coffee chain’s slump

    September 10, 2024
  • Trump orders FBI to declassify documents from ‘Crossfire Hurricane’ Russia investigation

    March 25, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025

Categories

  • Economy (829)
  • Editor's Pick (8,376)
  • Investing (1,193)
  • Stock (981)

Latest Posts

  • Micron stock soars over 8% today: could AI turn MU into next big chip winner?

    January 7, 2026
  • Flashback: Biden admin bragged about ‘quieter’ Middle East one week before attack on Israel

    September 29, 2024
  • Broadband industry quietly abandons Capitol Hill fight to revive low-income internet subsidy

    September 10, 2024

Recent Posts

  • TD Bank pleads guilty in money laundering case, will pay $3 billion in penalties

    October 10, 2024
  • UN forced to fire 9 employees over likely involvement in Hamas massacre: ‘Tip of the iceberg’

    August 5, 2024
  • London mayor urges Americans against re-electing Trump

    September 25, 2024

Editor’s Pick

  • Ukraine’s Zelenskyy says he met with Democratic senators, thanked US for support

    February 16, 2026
  • Walmart is opening five automated distribution centers as it tries to keep its grocery dominance

    July 11, 2024
  • Netanyahu publicly backs Israel-Hezbollah cease-fire plan

    November 26, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock