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Fortune
Fortune
Jason Ma

Giving Elon Musk’s DOGE access to the Treasury payment system raises the risk of a U.S. debt default and global financial crisis, senator warns

(Credit: Kenny Holston—Getty Images)
  • The Department of Government Efficiency was given access to the Treasury Department’s payment system, which is responsible for $6 trillion in federal disbursements. Sen. Elizabeth Warren sounded the alarm on a number of risks, including a potential U.S. debt default.

Elon Musk’s Department of Government Efficiency, or DOGE, now has access to the federal payment system, and it’s raising alarms on Capitol Hill.

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