“Elon Musk has vowed to unilaterally cancel a whole lot of thousands and thousands of {dollars}’ value of presidency grants after apparently having access to evaluation the US Treasury’s huge funds system, a transfer that prompted the sudden resignation of one of many division’s most senior officers,” the Monetary Instances reviews.
“The risk got here after Musk appeared to substantiate on Saturday that DOGE had entry to the Treasury system, which disperses trillions of {dollars} annually, together with social safety funds.”
“He justified the transfer by claiming his crew found ‘that fee approval officers at Treasury had been instructed at all times to approve funds, even to identified fraudulent or terrorist teams.’”
Wired: The younger, inexperienced engineers aiding Elon Musk’s authorities takeover.