Elon Musk has confirmed he wants to put the U.S. Treasury on a blockchain, the technology that underpins bitcoin and other

The Department of Government Efficiency, run by President Donald Trump’s billionaire adviser and Tesla CEO Elon Musk, has gained access to sensitive Treasury data including Social Security and Medicare customer payment systems.

Billionaire Elon Musk and his government efficiency team have been granted access to the U.S. Treasury Department’s payment system, ending a tense standoff that had lasted for days, The New York Times reported on Saturday.

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 said his “DOGE team” of government efficiency enforcers is shutting down some payments to federal contractors, suggesting that the world’s richest man may have access to sensitive systems used at the US Treasury Department.

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.

The Department of Government Efficiency, led by tech billionaire Elon Musk, has reportedly gained access to the Treasury Department's payment system.

Harvard professor calls data the "new gold rush" as tech billionaire's department given "unprecedented" access.