{"id":13638,"date":"2025-02-18T09:46:51","date_gmt":"2025-02-18T09:46:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=13638"},"modified":"2025-02-18T09:46:51","modified_gmt":"2025-02-18T09:46:51","slug":"elon-musks-doge-targets-sec-as-it-expands-cash-cutting-campaign-across-federal-agencies","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=13638","title":{"rendered":"Elon Musk\u2019s DOGE Targets SEC As It Expands Cash-Cutting Campaign Across Federal Agencies"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">Elon <\/span><span data-preserver-spaces=\"true\">Musk\u2019s<\/span><span data-preserver-spaces=\"true\"> Department of Government Efficiency (DOGE) has reportedly turned its attention to the <\/span><span data-preserver-spaces=\"true\">U.S.<\/span><span data-preserver-spaces=\"true\"> Securities and Exchange Commission (SEC) as part of its broader effort to curb government spending. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to a 17 <\/span><span data-preserver-spaces=\"true\">February 2025<\/span>\u00a0<a class=\"editor-rtfLink\" href=\"https:\/\/www.politico.com\/news\/2025\/02\/17\/musk-doge-securities-exchange-commission-00204621\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">Politico report<\/span><\/a><span data-preserver-spaces=\"true\">, sources familiar with the matter say that <\/span><span data-preserver-spaces=\"true\">DOGE\u2019s<\/span><span data-preserver-spaces=\"true\"> presence at the SEC is imminent.<\/span><span data-preserver-spaces=\"true\"> \u201c<\/span><span data-preserver-spaces=\"true\">They are at the gates,<\/span><span data-preserver-spaces=\"true\">\u201d <\/span><span data-preserver-spaces=\"true\">one anonymous insider noted.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In recent weeks, DOGE has aggressively expanded its reach across multiple federal agencies, launching <\/span><span data-preserver-spaces=\"true\">more than<\/span><span data-preserver-spaces=\"true\"> 30 affiliate pages on X to bolster its mission of exposing waste, fraud, and abuse in government spending. <\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/analysis\/crypto-forecast-best-crypto\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">10 Coins with High Returns: Crypto Forecast 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Musk\u2019s<\/span><span data-preserver-spaces=\"true\"> DOGE Launches DOGE SEC<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">One such affiliate, DOGE SEC, issued a public call for assistance, stating:<\/span><span data-preserver-spaces=\"true\"> \u201c<\/span><span data-preserver-spaces=\"true\">DOGE is seeking help from the public! Please DM this account with insights on finding and fixing waste, fraud, and abuse relating to the Securities and Exchange Commission<\/span><span data-preserver-spaces=\"true\">.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Musk has been a longtime critic of the SEC, frequently clashing with the regulator over its enforcement actions against him and his companies. The tension escalated in a recent lawsuit, where the SEC accused Musk of underpaying Twitter investors by more than $150 million.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In response, Musk condemned the agency, labeling it a<\/span><span data-preserver-spaces=\"true\"> \u201c<\/span><span data-preserver-spaces=\"true\">totally broken organization<\/span><span data-preserver-spaces=\"true\">\u201d <\/span><span data-preserver-spaces=\"true\">that focuses<\/span><span data-preserver-spaces=\"true\"> on petty matters instead of real financial crimes.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The push for <\/span><span data-preserver-spaces=\"true\">DOGE\u2019s<\/span><span data-preserver-spaces=\"true\"> involvement with the SEC has raised concerns among Democratic lawmakers, including Rep. Maxine Waters, who fears that Musk may use his access to obtain sensitive SEC data. <\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"art\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f60e.png\" alt=\"\ud83d\ude0e\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/t.co\/jGp5bQr2d9\" target=\"_blank\" rel=\"nofollow\">https:\/\/t.co\/jGp5bQr2d9<\/a><\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1891544496623501769?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">February 17, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">One <\/span><span data-preserver-spaces=\"true\">particular<\/span><span data-preserver-spaces=\"true\"> area of concern is the Consolidated Audit Trail (CAT), a vast trade-tracking system that lawmakers claim could be exploited for <\/span><span data-preserver-spaces=\"true\">Musk\u2019s<\/span> <span data-preserver-spaces=\"true\">personal<\/span><span data-preserver-spaces=\"true\"> benefit or to settle past grievances.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Addressing these concerns, White House press secretary Karoline Leavitt assured that President Trump will not allow conflicts of interest<\/span><span data-preserver-spaces=\"true\">, and Musk<\/span><span data-preserver-spaces=\"true\"> has reportedly committed to recusing himself from any potential conflicts.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The SEC remains under acting Chair Mark Uyeda, while <\/span><span data-preserver-spaces=\"true\">Trump\u2019s<\/span><span data-preserver-spaces=\"true\"> nominee, Paul Atkins, awaits confirmation. Cointelegraph <\/span><span data-preserver-spaces=\"true\">reached out to<\/span><span data-preserver-spaces=\"true\"> the SEC for comment but has not yet received a response.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Best New Cryptocurrencies to Invest in 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">DOGE\u2019s<\/span><span data-preserver-spaces=\"true\"> Expanding Reach<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Beyond the SEC, DOGE has <\/span><span data-preserver-spaces=\"true\">been actively pursuing<\/span><span data-preserver-spaces=\"true\"> access to other federal agencies and records. <\/span><span data-preserver-spaces=\"true\">A federal judge ruled on <\/span><span data-preserver-spaces=\"true\">Feb. 17<\/span><span data-preserver-spaces=\"true\"> that DOGE could obtain sensitive student loan records from the Department of Education<\/span><span data-preserver-spaces=\"true\">, according to ABC News<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Additionally, DOGE is reportedly seeking access to taxpayer data at the Internal Revenue Service (IRS), as per the Associated Press.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As reported,<\/span><span data-preserver-spaces=\"true\"> a coalition of labor unions <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/news\/union-groups-sue-us-treasury-over-elon-musks-access-to-sensitive-financial-data\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">has filed a lawsuit<\/span><\/a><span data-preserver-spaces=\"true\"> against the <\/span><span data-preserver-spaces=\"true\">US<\/span><span data-preserver-spaces=\"true\"> Treasury.<\/span><span data-preserver-spaces=\"true\"> It alleges that the treasury unlawfully granted DOGE access to highly sensitive financial and personal data.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The lawsuit, led by the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO),\u00a0was filed in a Washington, DC federal court on <\/span><span data-preserver-spaces=\"true\">3 February<\/span><span data-preserver-spaces=\"true\"> 2025.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Recently, former presidential candidate Vivek Ramaswamy\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/news\/vivek-ramaswamy-steps-back-from-doge-leadership-with-elon-musk-eyes-ohio-governor-run\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">announced his departure<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0as co-leader of the DOGE. Reports suggested Ramaswamy is preparing to run for governor of Ohio, a move that aligns with speculation following his recent social media activity.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/ai-agent-crypto\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Top 10 AI Agent Crypto Coins to Buy in 2025<\/span><\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">Elon <\/span><span data-preserver-spaces=\"true\">Musk\u2019s<\/span><span data-preserver-spaces=\"true\"> DOGE is expanding its reach to the SEC as part of a broader campaign to reduce government spending.<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">Concerns have emerged that Musk could gain access to sensitive SEC data.<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">Beyond the SEC, DOGE <\/span><span data-preserver-spaces=\"true\">is also seeking<\/span><span data-preserver-spaces=\"true\"> access to records from the Department of Education and the IRS.<\/span>    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/elon-musks-doge-targets-sec-as-it-expands-cash-cutting-campaign-across-federal-agencies\/\">Elon Musk\u2019s DOGE Targets SEC As It Expands Cash-Cutting Campaign Across Federal Agencies<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk\u2019s Department of Government Efficiency (DOGE) has reportedly turned its attention to the U.S. Securities and Exchange Commission (SEC) as part of its broader effort to curb government spending. According to a 17 February 2025\u00a0Politico report, sources familiar with the matter say that DOGE\u2019s presence at the SEC is imminent. \u201cThey are at the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-13638","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13638"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13638\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}