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Musk's DOGE team moves into US watchdog CFPB as Trump defends billionaire

Business Standard LogoBusiness Standard8h ago

Musk's DOGE team moves into US watchdog CFPB as Trump defends billionaire - Business Standard

Quick Summary:

Opposition Democrats and federal employee unions have decried the power Trump has bestowed on South African-born Musk, who is unelected and appears largely unaccountable except to Trump himself.

Trump's new Energy Secretary, Chris Wright, told CNBC there are three DOGE staff inside the department but they do not have security clearances and do not have access to nuclear weapons secrets.(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.

Members of Elon Musk's Department of Government Efficiency (DOGE) moved into the Consumer Financial Protection Bureau on Friday, according to two people familiar with the move, as the Tesla CEO's team extended its influence across the US government.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-08 @ 09:31:15 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 767 words

Reading Time: 5 minutes read

Sentences: 27 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25974997

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 222 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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