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Fortune
Fortune
Marco Quiroz-Gutierrez

Elon Musk says DOGE should ‘definitely’ take a close look at the Fed

(Credit: Samuel Corum—Sipa/Bloomberg/Getty Images)
  • Elon Musk suggested his cost-cutting government project DOGE should take a closer look at the Fed’s spending, especially the $2.5 billion it has spent to remodel its Washington, D.C., headquarters. Musk’s comments come as he is set to “significantly” cut back on his time at DOGE, in part to focus on his EV company, Tesla. 

Elon Musk’s DOGE has already made major cuts to departments across the executive branch, but it could be looking at the independent Federal Reserve as its next target.

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