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The Guardian - US
The Guardian - US
World
David Smith in Washington

Doge employees hold stock in firms set to benefit from cuts, Democrats allege

a woman sitting at table looking at a person
Elizabeth Warren, one of the co-authors of the letter. Photograph: Allison Robbert/AFP/Getty Images

Employees of Elon Musk’s “department of government efficiency” (Doge) own lucrative stock in companies that stand to directly benefit from their work gutting federal agencies, Democratic senators have alleged.

The potential ethics violations merit an investigation by the justice department and other oversight bodies, urges a letter co-authored by senators Elizabeth Warren of Massachusetts, Ron Wyden of Oregon and Jack Reed of Rhode Island and obtained by the Guardian.

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