Elon Musk urged for auditing of the Federal Reserve's policy decisions, asserting the central bank is 'absurdly overstaffed'. Musk's support aligns with previous Republican efforts calling for more transparency and accountability.
Elon Musk has ramped up his criticism of the US Federal Reserve, calling it "absurdly overstaffed" and pushing for greater transparency and scrutiny of its policies.
Elon Musk on Thursday offered hints about the work to come, including auditing the Federal Reserve, as his Department of Government Efficiency bulldozes through federal agencies in its effort to identify and implement budget and staffing cuts under authority from President Trump.
At the Conservative Political Action Conference on February 20, the Tesla titan floated auditing the Fed’s monetary decisions.
OXON HILL, Md. (AP) — Billionaire Elon Musk appeared at a conservative gathering outside Washington waving a chainsaw in the air, showing openness to auditing the Federal Reserve and accusing Democrats of “treason.”
Billionaire Elon Musk once again suggested that the Federal Reserve should undergo closer scrutiny, saying Thursday at a gathering of conservatives that he plans to audit the central bank.
Cryptocurrencies rally as Trump hypes up strategic reserve. Jeremy Grantham says U.S. stocks are in a 'super bubble.’ ‘Tesla Takedown’ protesters target Elon Musk's bottom line.
The Department of Veterans Affairs has temporarily suspended billions of dollars in contract cuts after an uproar that critical veterans health services were harmed, lawmakers and veterans service organizations said Wednesday.