Musk takes reins of Treasury payments, sparking lawsuit

Published February 5, 2025
Demonstrators participate in a rally in front of the US Treasury Department in protest of Elon Musk and the Department of Government Efficiency on February 4, 2025 in Washington, DC. — AFP
Demonstrators participate in a rally in front of the US Treasury Department in protest of Elon Musk and the Department of Government Efficiency on February 4, 2025 in Washington, DC. — AFP
Demonstrators participate in a rally in front of the US Treasury Department in protest of Elon Musk and the Department of Government Efficiency on February 4, 2025 in Washington, DC. — AFP
Demonstrators participate in a rally in front of the US Treasury Department in protest of Elon Musk and the Department of Government Efficiency on February 4, 2025 in Washington, DC. — AFP

WASHINGTON: Elon Musk and his aides have taken control of the US Treasury Department’s payments system, triggering a lawsuit charging he is illegally getting access to private data of millions of Americans.

Musk, the world’s richest person, is leading President Donald Trump’s federal cost-cutting efforts under the so-called Department of Government Efficiency (DOGE).

The suit calls on a federal judge to declare it illegal for Musk or others from DOGE to get personal information about taxpayers and to block the Treasury Department from letting that happen.

“People who must share information with the federal government should not be forced to share information with Elon Musk or his ‘DOGE’,” read a lawsuit filed in Washington by labor unions and a grassroots advocacy group.

“And federal law says they do not have to.” Musk said Monday in a post on X, the social media platform he owns, that the “only way to stop fraud and waste of taxpayer money is to follow the payment flows and pause suspicious transactions for review.”

“Naturally, this causes those who have been aiding, abetting, and receiving fraudulent payments to become very upset. Too bad,” he added. The closely guarded payments system handles the money flow of the US government, including $6tr for Social Security, Medicare, federal salaries, and others.

Published in Dawn, February 5th, 2025

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Crisis averted
Updated 14 May, 2025

Crisis averted

As nuclear nations, both countries must wield their powers with utmost responsibility and immense restraint.
US-Israel ties
14 May, 2025

US-Israel ties

AS Donald Trump landed in Riyadh on Tuesday to a regal reception, questions were swirling whether the American...
PSL resumption
14 May, 2025

PSL resumption

THE Pakistan Super League is back on. Postponed last week following escalating Pakistan-India tensions, the ...
Regional engagement
Updated 13 May, 2025

Regional engagement

If terrorist groups continue to find sanctuary in Afghanistan, regional integration and increased trade will be difficult to achieve.
Hostages to hostility
13 May, 2025

Hostages to hostility

AS people breathe a sigh of relief after being locked with India in a hair-trigger stand-off, there are those for...
Water crisis
13 May, 2025

Water crisis

IN large parts of Karachi, there is no water to be had. The taps have run dry for the past 12 days, bowsers have ...
OSZAR »