Elon Musk’s DOGE Takes Aim at SEC for Waste and Fraud Reform

Elon Musk’s Department of Government Efficiency (DOGE) is reportedly targeting the U.S. Securities and Exchange Commission (SEC), expanding its efforts to tackle inefficiencies in federal agencies.

DOGE has launched affiliate pages on social media, including DOGE SEC, which has called for public input on SEC misconduct.

Musk has had a contentious history with the SEC, criticizing the agency for its handling of various matters, including stockholder compensation for Twitter.

This new push has sparked concerns among Democratic lawmakers, especially regarding Musk’s potential access to sensitive SEC data, like the Consolidated Audit Trail.

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Despite these concerns, White House press secretary Karoline Leavitt reassured that President Trump has committed to preventing conflicts of interest, with Musk agreeing to recuse himself from potential issues.

The SEC is currently led by acting Chair Mark Uyeda as Paul Atkins awaits confirmation.

Kosta Gushterov

Kоста работи в крипто индустрията от над 4 години. Той се стреми да представя различни гледни точки по дадена тема и харесва сектора заради неговата прозрачност и динамика. В работата си той се фокусира върху балансираното отразяване на събитията и развитието в крипто пространството, като предоставя информация на своите читатели от неутрална гледна точка.