• 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

DHS scorches Pritzker’s ‘sanctuary’ state after child rapist...

May 1, 2026

Socialist mayor’s blunt 1-word message to fleeing millionaires...

May 1, 2026

DC police captain cites bodycam footage of officers...

May 1, 2026

Amazon explores ‘The Apprentice’ reboot with Trump Jr...

May 1, 2026

MN governor race to replace Walz sees major...

May 1, 2026

Trump’s apocalyptic Iran warning raises stakes for sweeping...

April 7, 2026

Graham eyes ‘down payment’ on Trump-backed SAVE Act...

April 7, 2026

Midterm alarm bells: Democrats face steep favorability deficit...

April 7, 2026

Democrat whose parents fled Iran moves to oust...

April 7, 2026

American journalist kidnapped in Iraq is set free,...

April 7, 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

  • Pelosi’s war powers flip-flop exposed in resurfaced Obama-era clip contradicts Trump criticism on Iran

    March 3, 2026
  • Trump-backed spending bill goes down in flames as shutdown looms

    December 20, 2024
  • Tom Cotton slams ‘partisans and obstructionists’ in DOD reportedly plotting to block Trump plans

    November 26, 2024
  • SoundHound AI Stock Drops: Q2 2024 Nvidia Portfolio Update

    August 19, 2024
  • Trump teases Musk at forum as once-frosty dynamic seems to take a turn

    November 19, 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

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

    May 9, 2025
  • 5

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,507)
  • Investing (2,559)
  • Stock (1,028)

Latest Posts

  • GOP lawmaker unveils WALZ Act after billions lost in Minnesota fraud scandal

    December 23, 2025
  • Top catalysts for the Dow Jones Index this week

    April 12, 2026
  • House Oversight probes FCC’s expedited approval of Soros purchase of 200+ radio stations ahead of election

    September 26, 2024

Recent Posts

  • TSMC Q1 earnings break records, but why isn’t the stock moving?

    April 16, 2026
  • Voyager stock jumps as NASA taps firm for ISS mission by 2028

    April 16, 2026
  • Tesla stock climbs 3% as Musk heads to China amid FSD expansion push

    May 13, 2026

Editor’s Pick

  • Vance triggers Dems by defending Trump’s executive authority

    February 10, 2025
  • Vulnerable Dem senator credited with recruiting Harris to Senate still hasn’t endorsed her for president

    July 23, 2024
  • UK climate campaigners challenge approval of new coal mine in High Court

    July 18, 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