Musk Takes Control of US Treasury Payments Systems

Tesla and SpaceX CEO Elon Musk arrives to the inauguration of US President-elect Donald Trump in the Rotunda of the US Capitol on January 20, 2025 in Washington, DC. (Reuters)
Tesla and SpaceX CEO Elon Musk arrives to the inauguration of US President-elect Donald Trump in the Rotunda of the US Capitol on January 20, 2025 in Washington, DC. (Reuters)
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Musk Takes Control of US Treasury Payments Systems

Tesla and SpaceX CEO Elon Musk arrives to the inauguration of US President-elect Donald Trump in the Rotunda of the US Capitol on January 20, 2025 in Washington, DC. (Reuters)
Tesla and SpaceX CEO Elon Musk arrives to the inauguration of US President-elect Donald Trump in the Rotunda of the US Capitol on January 20, 2025 in Washington, DC. (Reuters)

Elon Musk's aides have taken control of the US Treasury Department's payments system -- which manages trillions of dollars of transactions each year -- sparking alarm among critics.

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 corruption and waste is being rooted out in real-time," Musk posted Sunday on X, the platform he owns.

Later, replying to a post outlining alleged payments to Lutheran charities, Musk said DOGE was "rapidly shutting down these illegal payments."

The Treasury's closely guarded payments system handles the money flow of the US government, including $6 trillion annually for Social Security, Medicare, federal salaries, and other critical payments.

Musk's control of the payments system was approved by incoming Treasury Secretary Scott Bessent and was made possible when a career official was put on administrative leave on Friday after refusing to hand over access, The Washington Post first reported.

The official subsequently retired from the department, a source close to the matter told AFP.

Trump on Sunday praised Musk as "a big cost-cutter."

"Sometimes we won't agree with it and we'll not go where he wants to go. But I think he's doing a great job," he added.

News outlet Wired was first to report that Musk has placed young surrogates working for DOGE into key government positions, with his team gaining unprecedented access to the payment systems typically restricted to career employees.

The staff, reportedly aged between 19 and 24, were also placed at the federal Office of Personnel Management, the HR department for public workers that sent out an email last week offering most employees a chance to leave the government on immediate notice with about nine months' pay.

Democratic lawmakers have expressed deep concerns about political operators having access to the US government's money flow, pointing to possible systemic risks to the economy.

Elizabeth Warren, the top Democrat on the Senate Banking Committee, blasted the move in a letter to Bessent as "extraordinarily dangerous."

"I am alarmed that as one of your first acts as secretary, you appear to have handed over a highly sensitive system responsible for millions of Americans' private data -- and a key function of government -- to an unelected billionaire and an unknown number of his unqualified flunkies," wrote Warren.

She also said that sidelining experienced staff in this crucial corner of government "puts the country at greater risk of defaulting on our debt, which could trigger a global financial crisis."

On X, Musk predicted "Excitement guaranteed" in response to a post that said DOGE would uncover an "unprecedented amount of fraud and corruption in numerous government departments."



Rubio Says Progress Made on Iran

US Secretary of State Marco Rubio looks on as he speaks with reporters during a meeting of NATO foreign ministers, in Helsingborg, Sweden May 22, 2026. Julia Demaree Nikhinson/Pool via REUTERS
US Secretary of State Marco Rubio looks on as he speaks with reporters during a meeting of NATO foreign ministers, in Helsingborg, Sweden May 22, 2026. Julia Demaree Nikhinson/Pool via REUTERS
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Rubio Says Progress Made on Iran

US Secretary of State Marco Rubio looks on as he speaks with reporters during a meeting of NATO foreign ministers, in Helsingborg, Sweden May 22, 2026. Julia Demaree Nikhinson/Pool via REUTERS
US Secretary of State Marco Rubio looks on as he speaks with reporters during a meeting of NATO foreign ministers, in Helsingborg, Sweden May 22, 2026. Julia Demaree Nikhinson/Pool via REUTERS

US Secretary of State Marco Rubio said on Saturday that some progress has been made on Washington's dispute with Iran and that the US might have "something to say" on the issue in the coming days.

"There's been some progress done, some progress made, even as I speak to you now, there's some work being done. There is a chance that, whether it's later today, tomorrow, in a couple days, we may have something to say," Rubio told reporters during his visit to New Delhi.

Meanwhile, Iranian foreign ministry spokesman Esmaeil Baqaei said on Saturday that Tehran was in the final stages of drafting a framework for a deal to end the war with the United States.

"Within a reasonable period of 30 to 60 days, the details of these points will be discussed and a final agreement will ultimately be concluded. We are currently in the process of finalizing these memoranda of understanding," he told state broadcaster IRIB.

 

 

 

 

 

 


France Bans Israeli Security Minister Ben Gvir from Country

Israeli National Security Minister Itamar Ben-Gvir during an event in Jerusalem on May 14, 2026 (AFP)
Israeli National Security Minister Itamar Ben-Gvir during an event in Jerusalem on May 14, 2026 (AFP)
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France Bans Israeli Security Minister Ben Gvir from Country

Israeli National Security Minister Itamar Ben-Gvir during an event in Jerusalem on May 14, 2026 (AFP)
Israeli National Security Minister Itamar Ben-Gvir during an event in Jerusalem on May 14, 2026 (AFP)

France announced on Saturday it had banned Israeli National Security Minister Itamar Ben Gvir from the country after he posted a video mocking bound activists seized by Israeli soldiers on a Gaza-bound aid flotilla, AFP reported.

"From today, Itamar Ben Gvir is banned from entering French territory" after "his reprehensible actions towards French and European citizens" who were part of the flotilla, French Foreign Minister Jean-Noel Barrot said on X.

He added that, with Italy, he was also calling for European Union-level sanctions against the far-right Ben Gvir.


Taiwan Security Chief: China Deployed 'Over 100 Vessels' in Regional Waters

People walk past the Dragon and Tiger Pagodas at Lotus Pond in Kaohsiung, Taiwan, May 15, 2026. REUTERS/Ann Wang
People walk past the Dragon and Tiger Pagodas at Lotus Pond in Kaohsiung, Taiwan, May 15, 2026. REUTERS/Ann Wang
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Taiwan Security Chief: China Deployed 'Over 100 Vessels' in Regional Waters

People walk past the Dragon and Tiger Pagodas at Lotus Pond in Kaohsiung, Taiwan, May 15, 2026. REUTERS/Ann Wang
People walk past the Dragon and Tiger Pagodas at Lotus Pond in Kaohsiung, Taiwan, May 15, 2026. REUTERS/Ann Wang

Taiwan's security chief said Saturday that China has deployed more than 100 navy, coast guard and other vessels in regional waters stretching from the Yellow Sea to the South China Sea and Western Pacific.

The deployment happened in the past few days after US President Donald Trump's meeting with his Chinese counterpart Xi Jinping in Beijing, National Security Council chief Joseph Wu said on X.

"In this part of the world,#China is the one & only PROBLEM wrecking the #StatusQuo & threatening regional peace & stability," Wu said in the post.

China claims Taiwan is part of its territory and has threatened to use force to seize it.

Wu's remarks came after Trump on Wednesday referred to "the Taiwan problem" when asked if he would speak to Taiwanese President Lai Ching-te about arms sales to the democratic island.

"I'll speak to him. I speak to everybody," Trump said, adding that he had a great meeting with Xi during his state visit.

"We'll work on that, the Taiwan problem," Trump said.

A Taiwan security official told AFP on the condition of anonymity that Chinese vessels had been detected before the summit in Beijing, but that the numbers went above 100 in recent days.

Meanwhile, a source said US arms sales to Taiwan take years to process and are unrelated to the war with Iran, after a senior US official suggested there was a pause due to the need to have enough arms for the conflict.

Taiwan has been waiting for the US to approve an arms sale that Reuters reported could be worth up to $14 billion.

On Thursday, ⁠acting US Navy ⁠Secretary Hung Cao told a Senate Appropriations Defense Subcommittee hearing that there was a pause on arms sales to Taiwan to make sure the US had the munitions needed for the Operation Epic Fury attack on Iran.

The source familiar with the matter noted that Trump has said he would decide on the Taiwan arms sales soon.

"These sales take years to process and are unrelated to Operation Epic Fury," the source ⁠said, referring to the war the US and Israel launched in February. "The United States military has more than enough munitions, ammo, and stockpiles to serve all of President Trump's strategic goals and beyond."