Billionaire Elon Musk and his government efficiency team have secured access to the U.S. Treasury Department’s payment system, resolving a prolonged standoff, according to The New York Times.
Musk, leading the Department of Government Efficiency (DOGE), was appointed by President Donald Trump to identify waste and fraud in government spending. His request for access to Treasury’s payment infrastructure, which processes over $6 trillion annually, faced resistance from career Treasury official David Lebryk, who was placed on leave and later retired. Treasury Secretary Scott Bessent ultimately granted Musk’s team access on Friday.
The payment system contains sensitive financial data, including Social Security payments, tax refunds, and government contractor transactions. U.S. Senator Ron Wyden expressed concerns over potential conflicts of interest, noting that Musk’s companies could be impacted by government payments. In a post on Bluesky, Wyden claimed DOGE had been given full access, raising concerns about political interference in federal funds distribution.
In a letter to Bessent, Wyden warned that tampering with the system could harm the economy. Meanwhile, Musk alleged in a post on X that Treasury officials had previously approved payments to fraudulent and terrorist organizations, though he provided no evidence.
The Department of Government Efficiency is not an official federal agency but operates under Trump’s directive from the White House. Critics fear Musk’s involvement could politicize government spending, while supporters argue his oversight will help eliminate corruption. The situation continues to spark debate over transparency and financial control in the U.S. government.


Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious
Trump Administration Moves to Keep TransAlta Coal Plant Running Amid Rising AI Power Demand
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets
Supporters Gather Ahead of Verdict in Jimmy Lai’s Landmark Hong Kong National Security Trial
Sydney Bondi Beach Shooting Sparks Calls for Stronger Protection of Jewish Community in Australia
Trump Taps Former DHS Official Troy Edgar for U.S. Ambassador Role in El Salvador
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes
Thousands Protest in Brazil Against Efforts to Reduce Jair Bolsonaro’s Prison Sentence
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers
European Leaders Launch International Claims Commission to Compensate Ukraine for War Damage
Zelenskiy Signals Willingness to Drop NATO Bid as Ukraine, U.S. Hold Crucial Peace Talks in Berlin
Pakistan’s Army Chief Faces Gaza Troop Dilemma Amid US Pressure
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data 



