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Fortune
Fortune
Eleanor Pringle

Trump claims Elon Musk's DOGE 'geniuses' have found 'very fraudulent stuff'

US President Donald Trump (Credit: Ting Shen—Bloomberg/Getty Images)
  • Elon Musk and his band of “geniuses” at DOGE say there could be some $1 billion a week being paid out by the Treasury to fraudulent accounts. President Trump told reporters this could tip the scales in America’s multitrillion national debt headache, though Musk’s figure is only a fraction of interest payments alone.

President Donald Trump believes America’s $36.2 trillion national debt—and its corresponding interest payments—might actually be smaller than estimated owing to fraud.

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