Musk’s $6 Trillion Treasury Access Triggers Major Controversy

Musk’s $6 Trillion Treasury Access Triggers Major Controversy

Elon Musk and his DOGE team now have full access to the U.S. federal payment system, a network that processes an astonishing $6 trillion every year.

This system manages crucial transactions, including Social Security benefits and salaries for government workers.

The approval came from Treasury Secretary Scott Bessent, granting Musk’s Department of Government Efficiency the authority to oversee federal spending. This decision has sparked alarm among critics, who fear it could allow the Trump administration to control funds already approved by Congress.

According to reports, Musk has stated that starting Monday, DOGE will begin blocking federal payments they deem wasteful. This would apply even to payments that have already received legal approval.

Concerns are mounting over the level of influence Musk and his team now wield. Critics argue that giving a private entity the power to regulate government spending sets a dangerous precedent. They warn that such unchecked authority could disrupt essential services and undermine democratic processes.

More updates are expected as the situation unfolds.