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Elon Musk, Treasury

Elon Musk's access to Treasury's payment system is raising alarms. Here's what to know.

Elon Musk's control of a federal payment system is raising concerns about funding for programs like Social Security and the safety of personal data.

Hosted on MSN · 3h

Elon Musk got access to America's payment systems: is your Social Security at risk?

A team led by Elon Musk recently gained access to America’s federal payment infrastructure — a system responsible for distributing trillions of dollars in Social Security, Medicare, federal salaries and government contracts annually.

ABC News on MSN · 3d

Treasury Dept. gives Elon Musk's team access to federal payment system: Sources

If Elon Musk or his DOGE team were to attempt to block federal payments, it would likely face legal challenges given the money is approved by Congress.

Banks Sell $5.5B of X’s Debt

The Economic Times on MSN · 1d

Elon Musk’s X debt: Bank consortium sells $5.5 billion of loans amid rising investor demand

Pimco and Citadel are among the investors who have reportedly bought debts tied to X. This comes as Elon Musk's growing influence in the US political landscape appears to be positively impacting the company's outlook.

The Straits Times · 2d

Banks sell down $7.5 billion of Musk’s X debt to investors: Source

The deal was said to be offered to a small group of investors by the bank consortium that also included Bank of America. Read more at straitstimes.com.

Business Insider · 1d

Banks Sell $5.5B of X’s Debt as Interest in Politically Influential Musk Grows

Banks have successfully made an upsized sale of some of X’s debt to the tune of $5.5 billion, as interest in politically influential owner Elon

Staffer With Elon Musk's DOGE Amplified White Supremacists

USA Today · 1d

Labor union asks judge to block Elon Musk's DOGE from Labor Department systems

Musk's rapid takeover of US government agencies has enabled the businessman to exert unprecedented control over America's federal workforce.

The Washington Post on MSN · 2h

Lawmakers flooded with calls about Elon Musk: ‘It is a deluge on DOGE’

Angry and confused constituents have flooded the phone lines at the US Capitol this week, many of them asking questions about billionaire Elon Musk’s plans.

U.S. News & World Report · 3h

Staffer With Elon Musk's DOGE Amplified White Supremacists Online

Gavin Kliger lists his job on LinkedIn as "Special Advisor to the Director" at the Office of Personnel Management, which has been spearheading Musk's efforts to shrink the federal workforce. His USAID email address was copied on a message reviewed by Reuters that was sent to staffers at the international aid agency on Monday.

2don MSN

Wall Street banks sell $5.5B of X loans as investors bet big on Elon Musk: report

Banks unloaded $5.5 billion of debt holdings in X that they have been stuck with since 2022, when Musk acquired the site ...

10d

Wall Street hopes to get rid of a bad Elon Musk bet

Wall Street banks are hoping this is the week when they can start to recover more from the bad bets they made on Elon Musk’s ...

1don MSN

Musk’s value on Wall Street is rising as banks find buyers for X loans

Banks this week sold $5.5 billion in debt tied to Elon Musk’s 2022 buyout of Twitter, signaling that Wall Street's confidence ...

10don MSN

Elon Musk’s ‘X Money’ Partners With Visa For Payments—Here’s What To Know About Venmo Rival

Musk once dreamed of making X the “biggest financial institution in the world,” taking the first step of launching a ...

2d

Why Musk Is So Focused on the Bureau of the Fiscal Service, America’s ‘Checkbook’

Spending power, privacy concerns and conflicts of interest have put the bureau at the center of a political fight.

3don MSN

AI-generated videos of Donald Trump and Elon Musk convince people to buy fake gold coins and become millionaires; several MAGA faithful taken for a ride

Recent reports have revealed that AI- generated videos of US President Donald Trump and Tesla CEO Elon Musk have reportedly ...

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