Fed Chair Sees Elon Musk's Audit Push

Fed Chair Sees Elon Musk's Audit Push As Threat To Central Bank's Existence
Key Takeaways Federal Reserve Chair Jerome Powell said he viewed calls to "audit the fed" as a step on the way to eliminate the central bank.Some Republican and Libertarian politicians have long advocated for auditing the Fed's decisions on monetary policies.
Elon Musk warns Federal Reserve may face DOGE audit
Elon Musk put the Federal Reserve on notice that the central bank could face an audit from his Department of Government Efficiency after he claimed the Fed is "absurdly overstaffed."
Elon Musk Sets His Sights on the Federal Reserve
Elon Musk, the CEO of EV maker Tesla (TSLA), is pushing for more transparency and accountability in the U.S. government and has now set his
Elon Musk calls for the U.S. to ‘delete entire agencies’ from the federal government
Elon Musk called on Thursday for the United States to “delete entire agencies” from the federal government as part of his push under President Donald Trump to radically cut spending and restructure its priorities.
Elon Musk Announces Investigations Into Bureaucrats That Have Become Wealthy Despite Modest Fed Salaries
Department of Government Efficiency Chair Elon Musk continues his crusade to address waste, fraud, and abuse. Musk spoke to the media alongside President Donald Trump from the Oval Office on Tuesday about DOGE's ongoing efforts to cut massive amounts of government spending and to ensure that the American taxpayer's dollars are actually going
Musk spotlights old limestone mine that still processes federal retirements by hand: ‘A time warp’
Billionaire tech mogul Elon Musk drew attention to a circa 1960 converted underground limestone mine in Pennsylvania his team ...
Powell pushes back on Musk/DOGE, says Fed 'overworked,' not 'overstaffed'
Federal Reserve Chair Jerome Powell testified before a Senate committee and said the central bank's workforce is more ...
Elon Musk Denies $400 Million Fed Contract For 'Armored Tesla'; DOGE Could 'Alienate' Consumers
Tesla Chief Executive Elon Musk denies reports that the EV giant is set to receive a $400 million federal contract for ...
Powell says he does not believe Musk or his team have tried to access Fed systems
Federal Reserve Chair Jerome Powell on Tuesday said he did not believe that Elon Musk or members of his Department of ...
Musk on Ron Paul as Fed chair: ‘Great idea’
Elon Musk in a post on his social platform X appeared to back conservative commentator Charlie Kirk’s suggestion that former ...
The End Of The Fed?—Trump Calls For Lower Rates As Bitcoin Price Plummets
Last year, Trump suggested the U.S. president should have "at least" a say over setting interest rates, something that would ...
Fed's Powell, quizzed about trade, Musk, and bank safety, says economy is fine
U.S. Federal Reserve Chair Jerome Powell vouched for the strength of the economy President Donald Trump inherited.
Fed has not been in contact with Elon Musk's DOGE, Powell says in House hearing
The Federal Reserve has not been in contact with Elon Musk-led Department of Government Efficiency (DOGE), Chair Jerome Powell said Wednesday in a question-and-answer session before the House ...
Musk suggests closer scrutiny of Fed as Powell prepares to face Congress
Billionaire Elon Musk suggested in a series of social media posts that the Fed should undergo closer scrutiny, making the ...
Pentagon Prepares Potential Cuts for Elon Musk's DOGE, WSJ Reports
Some parts of the U.S. military are preparing lists of weapons programs they have long wanted to cancel in a bid to get ahead ...