US President Donald Trump plans to set up a Sovereign Wealth Fund (SWF) for America. Here is what a SWF means and details how it works.
Musk has, without evidence, raised concern about fraudulent government payments and believes blockchain might be a solution.
Trump administration appointees and allies of Elon Musk wanted to use the Treasury’s sensitive payment system to block ...
As Elon Musk’s DOGE disrupts Washington, the billionaire has turned the social media platform he owns into the favored forum for policy pitches and expressions of fealty.
Four days after Donald Trump’s inauguration, Elon Musk’s top lieutenants at the Treasury Department asked its acting ...
Elon Musk, the billionaire tech mogul known for his audacious ventures, is once again making headlines—this time for his ...
Senate Democrats on Wednesday demanded Treasury Secretary Scott Bessent attend a meeting with the Democratic Caucus “as soon ...
The effects of a number of executive orders issued over the last two weeks by President Donald Trump aimed squarely at ...
Democrats are still trying to find their footing under the new administration, with some anti-Trump demonstrators urging them ...
Elon Musk's control of a federal payment system is raising concerns about funding for programs like Social Security and the ...
The new Department of Government Efficiency now has access to a federal system responsible for $6 trillion in annual payments ...
That’s not to say that Ukrainian aid is never misappropriated. In 2024, Ukraine’s security services investigated Ukrainian defense officials over alleged corruption in a $40 million arms purchase. But ...