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."



Trump Vetoed Israeli Plan to Kill Iran’s Supreme Leader, US Officials Say

Iran's Supreme Leader Ali Khamenei waves during the 36th anniversary of the death of the leader of Iran's 1979 revolution, Khomeini, at Khomeini's shrine in southern Tehran, Iran June 4, 2025. Office of the Iranian Supreme Leader/WANA (West Asia News Agency)/Handout via Reuters
Iran's Supreme Leader Ali Khamenei waves during the 36th anniversary of the death of the leader of Iran's 1979 revolution, Khomeini, at Khomeini's shrine in southern Tehran, Iran June 4, 2025. Office of the Iranian Supreme Leader/WANA (West Asia News Agency)/Handout via Reuters
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Trump Vetoed Israeli Plan to Kill Iran’s Supreme Leader, US Officials Say

Iran's Supreme Leader Ali Khamenei waves during the 36th anniversary of the death of the leader of Iran's 1979 revolution, Khomeini, at Khomeini's shrine in southern Tehran, Iran June 4, 2025. Office of the Iranian Supreme Leader/WANA (West Asia News Agency)/Handout via Reuters
Iran's Supreme Leader Ali Khamenei waves during the 36th anniversary of the death of the leader of Iran's 1979 revolution, Khomeini, at Khomeini's shrine in southern Tehran, Iran June 4, 2025. Office of the Iranian Supreme Leader/WANA (West Asia News Agency)/Handout via Reuters

President Donald Trump vetoed an Israeli plan in recent days to kill Iran's Supreme Leader Ali Khamenei, two US officials told Reuters on Sunday.

"Have the Iranians killed an American yet? No. Until they do, we're not even talking about going after the political leadership," said one of the sources, a senior US administration official.

The officials, speaking on condition of anonymity, said top US officials have been in constant communications with Israeli officials in the days since Israel launched a massive attack on Iran in a bid to halt its nuclear program.

They said the Israelis reported that they had an opportunity to kill the top Iranian leader, but Trump waved them off of the plan.

The officials would not say whether Trump himself delivered the message. But Trump has been in frequent communications with Israeli Prime Minister Benjamin Netanyahu.

When asked about Reuters report, Netanyahu, in an interview on Sunday with Fox News Channel's "Special Report With Bret Baier," said: "There's so many false reports of conversations that never happened, and I'm not going to get into that."

"But I can tell you, I think that we do what we need to do, we'll do what we need to do. And I think the United States knows what is good for the United States," Netanyahu said.

Trump has been holding out hope for a resumption of US-Iranian negotiations over Tehran's nuclear program. Talks that had been scheduled for Sunday in Oman were canceled as a result of the strikes.

Trump told Reuters on Friday that "we knew everything" about the Israeli strikes.