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Musk ‘could shut off welfare programmes’ after gaining access to $6 trillion payment system
Elon Musk’s allies have gained access to a US Treasury payment system that distributes more than $6 trillion (£4.8 trillion) each year, sparking fears the Trump administration is seeking to freeze funding for welfare programmes.
Musk's DOGE Team Gains Access to Vital US Treasury Dept Payment System
The system disbursed more than $5 trillion in FY2023. 'These payment systems simply cannot fail,' says Sen. Ron Wyden, who voiced concern about Musk's conflicts of interest.
Elon Musk’s Team Now Has Access to Treasury’s Payments System
Treasury Secretary Scott Bessent gave Mr. Musk’s representatives at the so-called Department of Government Efficiency a powerful tool to monitor and potentially limit government spending.
Elon Musk’s DOGE Getting Access to Payment System that Doles Out Trillions to Americans
The Treasury Department has agreed to give Elon Musk’s Department of Government Efficiency access to a payment system that distributes trillions of dollars in entitlement benefits, grants and tax refunds to Americans each year.
10h
Boomers Are Refusing To Give Their $84 Trillion in Real Estate and Wealth to Their Children
The post Boomers Are Refusing To Give Their $84 Trillion in Real Estate and Wealth to Their Children appeared first on Real ...
5h
on MSN
Trump’s tariffs are a $1.4 trillion gamble with the economy and prices
President Donald Trump is on the verge of hitting America’s three biggest trading partners with sweeping tariffs, a far more aggressive use of his favorite economic weapon than anything he did during ...
9h
on MSN
Elon Musk Predicts Tesla Will Be Bigger Than Apple, Nvidia, Microsoft, Amazon, and Alphabet Combined Thanks to This $10 Trillion Opportunity
In fact, Musk thinks humanoid robots will outnumber humans by 2040. He believes Tesla will manufacture them at a cost of ...
1d
on MSN
Allocation for food, fertilisers and job subsidies nearly flat at 4.57 trillion rupees
India will spend 4.57 trillion rupees ($52.81 billion) on subsidies for food, fertilisers and rural employment schemes in the ...
1d
Trump’s $10 Trillion Crypto Bet: Stablecoins To Replace Eurodollars?
The modern financial system runs on a form of dollars that most Americans have never heard of Eurodollars. Will they be ...
2d
on MSN
2 AI Stocks to Buy Before They Soar to $4 Trillion in 2025, According to Certain Wall Street Analysts
Certain Wall Street analysts expect Nvidia and Microsoft to achieve market values of $4 trillion in 2025, something no ...
3d
Global energy transition investment exceeded $2 trillion last year, report shows
Global investment in low-carbon energy transition exceeded $2 trillion for the first time last year, a report by BloombergNEF ...
7d
Tech’s $15 Trillion Rally Hinges on High-Stakes Earnings Stretch
Investors are heading into yet another pivotal Big Tech earnings cycle with the companies’ shares near record highs and ...
5d
on MSN
DeepSeek tech wipeout erases more than $1 trillion in market cap as AI panic grips Wall Street
A tech sell-off on Monday saw more than $1 trillion in value erased over concerns over China's DeepSeek AI app.
2d
on MSN
Michigan 4th in US auto employment; trade group outlines industry's trillion-dollar impact
The auto industry’s not just a big part of Michigan’s economy, it’s also a significant driver of economic development across ...
5d
on MSN
Why DeepSeek prompted a $1 trillion tech sell-off
The AI company sent shockwaves through global markets when it released its latest model. Here's what happened.
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Elon Musk
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