• 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
Massive Russia sanctions package stalls as Trump pushes for Ukraine peace talks
next post
Hawley clashes with UPenn law professor over judicial injunctions

related articles

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

April 7, 2026

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

April 7, 2026

Democrat whose parents fled Iran moves to oust...

April 7, 2026

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

April 7, 2026

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

April 7, 2026

Dem Senate primary erupts in key state as...

April 7, 2026

Trump-backed candidate aims to pad GOP’s fragile House...

April 7, 2026

Ilhan Omar calls Trump an ‘unhinged lunatic,’ urges...

April 7, 2026

White House unleashes on Stacey Abrams in latest...

April 7, 2026

Former Virginia Gov Glenn Youngkin hints at political...

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

  • Costa Rica swings right as voters embrace tough-on-crime leader amid surging violence

    February 3, 2026
  • EURUSD and GBPUSD: Euro continues to slide under pressure

    September 4, 2024
  • Gulf shipping operations grind to halt near Iran; US quietly prepares for possible strike: ‘Heightened risk’

    January 29, 2026
  • Constellation Energy stock: why today’s sell-off is a gift for investors

    March 31, 2026
  • US’ seizure of Venezuelan tanker has limited immediate impact on China’s oil market

    December 16, 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 (8,502)
  • Investing (1,663)
  • Stock (1,017)

Latest Posts

  • NVIDIA stock at risk as technicals and fundamentals collide

    March 24, 2026
  • China sentences journalist for espionage after he was detained while eating with Japanese diplomat

    December 1, 2024
  • ApeCoin and Akita Inu: New Daily Targets and Prices

    October 9, 2024

Recent Posts

  • Morning Glory: ABC News and its pass/fail test

    September 10, 2024
  • White House says Trump ‘trusts his physicians’ following Biden’s cancer announcement

    May 19, 2025
  • Biden says he’s been carrying out ‘most aggressive climate agenda’ in history as he designates CA monuments

    January 15, 2025

Editor’s Pick

  • DOJ files motion to unseal Epstein docs in latest step toward release

    November 25, 2025
  • US citizen imprisoned in Russia given new 15-year sentence in wake of espionage conviction

    December 25, 2024
  • President Trump makes endorsement in California gubernatorial race: ‘He will be a GREAT Governor’

    April 6, 2026
  • 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