Treasury elevates Musk ally to lead government payment system
The elevation of Tom Krause to a more powerful role at Treasury will likely inflame an ongoing backlash over DOGE.
Treasury Installs Musk Ally to Oversee Its Payment System
Tom Krause, a software executive, is the Treasury Department’s fiscal assistant secretary with access to a system that ...
US Treasury to tap Musk ally for senior job, Washington Post says
Tom Krause, the deputy of Elon Musk's Department of Government Efficiency, is slated to become the financial assistant ...
Democrats ask for an investigation into DOGE’s access to Treasury’s payment systems
Democratic lawmakers are seeking a Treasury Department investigation of the access that Elon Musk’s team was given to the ...
The National Law Review15h
Treasury Secretary Scott Bessent Appointed as Acting CFPB Director
On January 31, 2025, the CFPB announced President Donald Trump had appointed Scott Bessent as Acting Director of the CFPB. In ...
Baton Rouge Business Report18h
If you’ve been debanked, Louisiana’s treasurer wants to know
Louisiana State Treasurer Dr. John Fleming is partnering with the State Financial Officers Foundation to create a database of people or entities that have been denied access to capital by a bank or ...
Georgia Recorder14h
Lawsuits multiply against Trump barrage of orders as Democrats struggle to fight back
Less than three weeks into his second term, President Donald Trump and those working under his auspices — most prominently ...
federalnewsnetwork.com18h
House Democrats introduce Taxpayer Data Protection Act in response to Musk’s actions
The legislation would bar anyone with conflicts of interest or without a security clearance from getting into the Treasury Department's data.
S&P 500 Gains and Losses Today: Expedia Soars as Holiday Bookings Drive Earnings Beat
The S&P 500 slipped 1.0% on Friday, Feb. 7, as the latest labor market data revealed that the U.S. economy added fewer jobs ...
Musk staffer takes top role at Treasury Department with control over federal payment system
Tom Krause, a former executive involved in Elon Musk's DOGE, is the new financial assistant secretary at the Treasu ...
Judge temporarily blocks Trump administration from placing 2,200 USAID workers on paid leave
A federal judge on Friday temporarily blocked the Trump administration from placing 2,200 employees of the U.S. Agency for ...
Inside Elon Musk’s War on Washington
From USAID to the U.S. federal payment system, Musk is spearheading plans to audit and cut multiple government agencies ...