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News in English (USA) / 01.02.2025 / 04:00

Tensions Rise in U.S. Treasury Over Musk’s Allies Seeking Access to Payment Systems

A series of high-profile exits from the U.S. Treasury Department has been reported, following conflicts between senior officials and associates of Elon Musk regarding access to federal payment systems. The turmoil centers around Musk’s interest in enabling his DOGE cryptocurrency to access these vital systems, which manage critical government funds including Social Security and Medicare payments. Senior Treasury officials have expressed concerns over the implications of allowing Musk’s allies such access, leading to resignations and retirements within the agency. Reports indicate that this situation has turned the Treasury into a battleground over federal spending, drawing significant public and political interest.
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