Summary

Sen. Ron Wyden warned that Elon Musk’s team, the Department of Government Efficiency (DOGE), was granted “full access” to a U.S. Treasury payments system handling $6 trillion annually.

Treasury Secretary Scott Bessent approved the access, sparking concerns over national security risks and conflicts of interest due to Musk’s business ties with China.

Wyden highlighted potential threats to Social Security, Medicare, and contractor payments.

The move follows Musk’s broader efforts to overhaul government operations under President Trump’s directive for federal spending cuts.

The Treasury declined to comment.