Four Pillars Roundup: Elon Musk’s Allies Gain Access to Sensitive Treasury Department Payment System Handling $6 Trillion Annually

Feb 2, 2025News

A team working with Elon Musk’s Department of Government Efficiency has been granted access to a highly sensitive Treasury Department payment system that processes $6 trillion per year, according to sources familiar with the matter.

Treasury Secretary Scott Bessent approved the access, a move that has sparked controversy within the department. The former top career official overseeing the system was placed on leave and later resigned after refusing to approve the access request, raising concerns about government transparency and financial security.

Critics argue that this decision blurs the lines between private sector influence and federal financial oversight, while supporters claim it is a step toward modernizing government operations. The Treasury Department has yet to issue an official statement on the matter.

https://www.washingtonpost.com/business/2025/02/01/elon-musk-treasury-payments-system/?utm_source=alert&utm_medium=email&utm_campaign=wp_news_alert_revere&location=alert