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

Radical new DOGE transparency powers could hit Congress after Elon Musk exit

by June 4, 2025
written by June 4, 2025
NEWYou can now listen to Fox News articles!

Rep. Chip Roy, R-Texas, is pushing to grant Congress vast new oversight powers over real-time federal spending to pick up where Elon Musk left off with the Department of Government Efficiency (DOGE).

A new bill that Roy is introducing on Wednesday would give lawmakers access to Treasury Department invoices larger than $25,000 in real time.

It would also grant lawmakers the ability to see payments to individual recipients of federal benefits and federal employees, according to bill text previewed by Fox News Digital.

It comes roughly a week after Musk announced he was stepping away from his federal government role – followed by his criticism of congressional Republicans’ spending legislation on the way out the door.

‘DOGE lifted up the hood of federal government spending and put on full display the massive programs and inefficiencies wasting American taxpayer dollars,’ Roy told Fox News Digital.

‘Billions were splurged on waste, fraud and abuse – but also on programs that clearly do not align with the core values of the American people. Regardless of which party controls the White House, the mission of DOGE in identifying wasteful spending must continue.’

He said his legislation would give Congress ‘the best tools available to identify this ridiculous spending in real time and allow us to reform government spending well into the future.’

Fiscal hawks like Roy are already looking to the next steps even as Congress begins consideration of a $9.4 billion spending cut proposal sent by the White House on Tuesday. 

The mechanism, known as a rescissions package, gives Capitol Hill 45 days to approve the blockage of funds – which were previously greenlit by Congress – while lowering the Senate’s threshold for passage on it from 60 votes to 51.

The package, which Republican leaders signaled could be the first of several, targets federal funding to NPR, PBS and the U.S. Agency for International Development (USAID).

House GOP leaders said that package would get a vote next week.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
McDonald’s Snack Wrap is officially returning. Here’s when.
next post
Hawley clashes with UPenn law professor over judicial injunctions

related articles

House Republicans face mounting resistance as third ex-Biden...

July 18, 2025

Trump directs AG Bondi to work on unsealing...

July 18, 2025

Regional powers clash after Israel targets Syrian territory...

July 18, 2025

Longtime Joe Biden aide appears under House subpoena...

July 18, 2025

Longtime Joe Biden aide to appear under subpoena...

July 18, 2025

Congress sends $9B spending cuts package to Trump’s...

July 18, 2025

Trump’s modest spending cuts package survives narrow Senate...

July 18, 2025

Senators push back against Vought’s call for more...

July 18, 2025

State Department says US ‘unequivocally condemns’ Israeli airstrike...

July 18, 2025

PETA applauds GOP lawmakers’ demand to halt NIH...

July 18, 2025
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

  • Bukele says Trump has 350 million Americans to ‘liberate’ by ending crime, terrorism

    April 14, 2025
  • Trump inauguration: Who is expected to attend, and who is boycotting?

    January 19, 2025
  • Living off $2,400 a month, a 71-year-old widow tries to get by despite rising prices

    July 18, 2024
  • Trump promises ‘hell to pay’ in Middle East if hostages are not released before he takes office

    December 2, 2024
  • Is Nvidia in a ‘bubble’? Hedge fund Elliott raises concerns over AI investments

    August 2, 2024

Popular Posts

  • 1

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

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 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

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,421)
  • Investing (634)
  • Stock (847)

Latest Posts

  • Venezuela Maduro’s opposition are ‘true patriots’ but ‘real change’ won’t come from 1 election, experts say

    August 3, 2024
  • Biden defiantly charges ahead with election run despite speculation he would drop out this weekend

    July 21, 2024
  • US stocks tumble amid weak economic data: What went wrong?

    August 1, 2024

Recent Posts

  • Senate confirms Robert F Kennedy Jr. to serve as Trump’s Health secretary

    February 13, 2025
  • EARN Stock Price Forecast: Is It Worth Buying?

    September 23, 2024
  • Biden says he’s leaving Trump ‘strong hand to play,’ defends his record on Afghanistan

    January 13, 2025

Editor’s Pick

  • JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns

    September 19, 2024
  • Campaign chairs say Biden is both ‘more committed than ever’ to presidential race and ‘asking for input’

    July 19, 2024
  • Trump lands key Tulsi Gabbard confirmation following uphill Senate battle

    February 12, 2025
  • 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