Musk vows to cancel grants after gaining access to US Treasury payment system
Musk vows to cancel grants after gaining access to US Treasury payment system
System disburses trillions of dollars in US government spending each year, including social security
Summary
Elon Musk vowed to cancel government grants after allegedly gaining access to the US Treasury’s payments system, triggering the abrupt resignation of a senior official.
Musk, who leads Trump’s Department of Government Efficiency (DOGE), claimed his team found Treasury officials approving payments without scrutiny.
Democrats, including Sen. Ron Wyden, raised alarms over Musk’s influence on federal funds. Treasury access concerns intensified after Trump ally Michael Flynn posted grant payments online.
Musk’s authority to halt payments remains unclear, and the Treasury has not responded to inquiries.
