Elon Musk’s According to reports, the Department of Government Efficiency (Doge) turned its attention to US Securities and Exchange Commission (sec) as part of its wider effort to curb public spending.
According to a 17 February 2025 Political relationshipSources that are familiar with the question say it Doge’s The presence at the century is imminent. “I’m upon us,” An anonymous insider noticed.
In recent weeks, Doge has aggressively expanded its scope through multiple federal agencies, launching more than 30 pages of X -wrap affiliation to strengthen its mission of displaying waste, fraud and abuse in government spending.
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Musk’s Doge Lancia Doge sec
One of these affiliates, doge sec, has issued a public call for assistance, stating: “Doge is looking for help from the public! Please this account with insights on the research and fixation of waste, fraud and abuse relating to the commission for securities and exchanges. “
Musk was a long -standing century critic, often clashing with the regulator for his execution actions against him and his companies. The tension intensified in a recent cause, in which the century has accused Musk of submitting to over $ 150 million to Twitter investors.
In response, Musk condemned the agency, labeling it to “Totally broken organization” that concentrates On meat issues instead of real financial crimes.
The push for Doge’s The involvement with the century has raised concerns among democratic legislators, including the representative Maxine Waters, who fears that Musk can use his access to obtain sensitive sec data.
https://t.co/jgp5bqr2d9
– Elon Musk (@elonmusk) February 17, 2025
A particular Area of concern is the consolidated Audit Trail (Cat), a vast commercial tracing system for which legislators claim that they could be exploited Musk’s personnel benefit or to establish past grievances.
Facing these concerns, the press secretary of the White House Karoline Leavitt has assured that President Trump will not allow conflicts of interestand Musk According to reports, he undertook to recuse himself from any conflicts.
The sec remains under the president of the acting Mark Uyeda, while Trump’s Candinee, Paul Atkins, awaits confirmation. Cointelegraph elongated The century for comments but has not yet received an answer.
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Doge’s Expanding scope
Beyond the century, doge has I actively persecuted Access to other federal agencies and registers. A federal judge decided February 17th That doge could obtain a student loan record sensitive from the Department of EducationAccording to ABC News.
Furthermore, according to what reported, Doge is looking for access to taxpayers’ data at the Internal Revenue Service (IRS), according to the Associated Press.
As reported, A coalition of unions has filed a cause against the US Treasure. He claims that the treasure has illegally granted access to doge to highly sensitive financial and personal data.
The cause, led by the American work federation and the Congress of Industrial Organizations (AFL-CIVE), was presented in a Federal Court of Washington, DC February 3rd 2025.
Recently, former presidential candidate Vivek Ramaswamy announced his departure as a doge co-leader. Reports suggested that Ramaswamy is preparing to apply for the governor of Ohio, a move that aligns with speculation following his recent activity on social media.
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Keyway keyway
- Elon Musk’s Doge is expanding its reach to the century as part of a wider campaign to reduce public spending.
- Concerns emerged that Musk could access sensitive sec data.
- Beyond the century, doge it is also looking Access to the records of the Department of Education and IRS.
Post Doge Elon Musk turns to the century while expanding the cash campaign in cash among the federal agencies appeared for the first time on 99 bitcoins.