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Musk's tirade toward the treasury department comes just after a federal judge blocked DOGE's ability to access treasury department systems. The Tesla CEO condemned the ruling as "insane" this weekend.
This includes trying to get rid of thousands of federal workers, shuttering the U.S. Agency for International Development and accessing the Treasury Department's enormous payment systems.
Krause, who is also CEO of Cloud Software Group, will replace David Lebryk, a top-ranking career Treasury official who retired after a clash with Musk allies over payment systems access, the ...
The legislation that created the CFPB gave it sole authority over those issues among US regulators. Warren was a driver behind the creation of the agency in the wake of the 2008-2009 financial crisis.
The Treasury Department responded in a letter to Warren and Wyden on Tuesday, saying that a set of DOGE staffers have "read-only" access to the payment systems. That likely means they wouldn't ...
The report, citing three people with knowledge of the matter, said Lebryk and Musk's surrogates clashed over access to a sensitive system used to pay out more than $6 trillion a year in Social ...
Treasury Management's scope thus includes the firm's collections, disbursements, concentration, investment and funding activities. In corporates, treasury overlaps the financial management function, although the former has the more specific focus mentioned, while the latter is a broader field that includes financial planning, budgeting, and ...
Meanwhile, several blocks away in downtown Washington, Musk has asserted significant influence at the Office of Personnel Management, with at least one other employee formerly with Human Capital.