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.


Port of Los Angeles Posts Record June Cargo Volume as Importers Rush Ahead of U.S. Tariffs
Asian Currencies Stay Rangebound as Middle East Tensions, Weak China GDP Weigh on Sentiment
US Restricts Commercial Flights From Congo Amid Ebola Outbreak
Hegseth Defends Blue Angels After Low Flyover Sparks Safety Review
NY Times Challenges Trump Administration Subpoenas Over Air Force One Report
Asian Stocks Rally as Cooling U.S. Inflation Boosts Fed Rate Cut Hopes
US-Iran Conflict Escalates as Hormuz Tensions Disrupt Global Oil Shipping
Trump Criticizes ABC, NBC and CNN for Limiting Coverage of Election Speech
North Korea Calls South Korea ‘Puppet’ After U.S.-Led RIMPAC Naval Exercise
Trump Expands U.S. Strikes on Iran, Warns Attacks Will Continue Until Nuclear Deal
Asian Stocks Slide as Chip Selloff Deepens Ahead of TSMC Earnings
UBS Boosts China Tech Bets, Adds Kuaishou and Meituan to Focus List
U.S. Imposes 25% Tariff on Select Brazilian Imports After Section 301 Trade Investigation
US Stock Futures Fall as Netflix Outlook, Chip Selloff and Iran Tensions Weigh on Markets
AI Chip Stocks Face Valuation Pressure as Investors Shift Toward Big Tech and Software
Trump Orders ICE to Resume Traffic Stops After Deadly Immigration Enforcement Incidents 



