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The fintech industry has always thrived on speed and innovation. Startups push boundaries with new products, while incumbents integrate technology to keep up with rising customer expectations. But as ...
A 25-Year-Old With Elon Musk Ties Has Direct Access to the Federal Payment System The Bureau of the Fiscal Service is a sleepy part of the Treasury Department.
The system distributes entitlement benefits, grants and tax refunds. Treasury Secretary Scott Bessent approved the move affecting representatives of Elon Musk’s Department of Government Efficiency.
Four days after Donald Trump’s inauguration, Elon Musk’s top lieutenants at the Treasury Department asked its acting secretary, a career civil servant, to immediately shut off all USAID ...
WASHINGTON, Feb 1 (Reuters) - Billionaire Elon Musk and his government efficiency team have been given access to the U.S. Treasury Department’s payment system, resolving a days-long standoff ...
The Trump administration, in a court filing, said it would not expand access to Treasury Department payment system for Elon Musk's DOGE group.
The Treasury’s payment system is responsible for delivering trillions in Social Security payments, Medicare benefits and more to millions of Americans across the country.