{"id":9950,"date":"2025-02-10T16:21:40","date_gmt":"2025-02-10T16:21:40","guid":{"rendered":"https:\/\/finderica.com\/?p=9950"},"modified":"2025-02-10T16:21:40","modified_gmt":"2025-02-10T16:21:40","slug":"musks-doge-team-now-seeks-access-to-treasurys-accounting-data","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=9950","title":{"rendered":"Musk&#8217;s DOGE team now seeks access to Treasury&#8217;s accounting data"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Elon Musk will dispatch a DOGE team to Parkersburg, West Virginia, this week where it will gain read-only access to the U.S. government&#8217;s central accounting system, according to a source familiar with the effort.<\/p>\n<p>The planned visit opens a new window into some of the government&#8217;s most sensitive financial data. It comes after a federal judge restricted Musk&#8217;s cost-cutting team&#8217;s access to Treasury&#8217;s payment systems earlier this week, in a lawsuit brought by unions and a retiree group concerned about privacy.<\/p>\n<p>Musk, the billionaire entrepreneur and now close advisor to President Donald Trump, has sought direct access to federal data systems as part of his new role as head of the so-called Department of Government Efficiency.\u00a0<\/p>\n<p>On X, the social media platform Musk owns, he&#8217;s taken credit for billions in canceled contracts and grants, though Treasury officials have insisted that he doesn&#8217;t have the authority to do that from its payment systems.\u00a0<\/p>\n<p>The DOGE team will be at the Bureau of Fiscal Service building in Parkersburg from Tuesday through Thursday, the person familiar with the visit said. That&#8217;s where the Treasury keeps its Central Accounting Reporting System, or CARS, which handles accounting and reporting access for all federal agencies. CARS data is used to construct the nation&#8217;s balance sheet and also processes bank information from agencies and the Federal Reserve Bank.<\/p>\n<p>But it&#8217;s different from the disbursement systems that Musk&#8217;s DOGE teams have previously accessed. U.S. District Judge Colleen Kollar-Kotelly issued a temporary restraining order Thursday saying only two DOGE employees \u2014 Tom Krause and Marko Elez \u2014 can access payments, and only on a read-only basis. Elez was fired that same day for a history of racist comments, but Musk and Vice President JD Vance say he should be hired back.<\/p>\n<p>The secure Parkersburg facility also houses what used to be known as the Bureau of the Public Debt, which conducts a daily accounting of the $28.9 trillion national debt, and some back-office functions for other federal agencies. All employees are subject to background, credit and security checks \u2014 including fingerprinting \u2014 every three to five years.\u00a0<\/p>\n<p>Musk <ps-link><a href=\"https:\/\/x.com\/elonmusk\/status\/1888314848477376744\" class=\"Link\" target=\"_blank\">said<\/a><\/ps-link> Saturday that he&#8217;s reached an agreement with Treasury officials on a number of issues related to how federal payments are audited, documented and checked against an existing &#8220;do-not-pay&#8221; list of barred entities.\u00a0<\/p>\n<p>Posting on his X social media platform, Musk called the actions &#8220;super obvious and necessary changes&#8221; that will be implemented by existing, career government employees.\u00a0<\/p>\n<p>It was unclear how much of what Musk requested was already being done. The Treasury Department didn&#8217;t immediately confirm the agreement Saturday.\u00a0<\/p>\n<p>The Parkersburg visit was first reported by <ps-link><a href=\"https:\/\/www.propublica.org\/article\/elon-musk-doge-cars-treasury-examine\" class=\"Link\" target=\"_blank\" rel=\"noopener\">ProPublica<\/a><\/ps-link>.<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.americanbanker.com\/articles\/musks-doge-team-now-seeks-access-to-treasurys-accounting-data\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk will dispatch a DOGE team to Parkersburg, West Virginia, this week where it will gain read-only access to the U.S. government&#8217;s central accounting system, according to a source familiar with the effort. The planned visit opens a new window into some of the government&#8217;s most sensitive financial data. It comes after a federal<\/p>\n","protected":false},"author":1,"featured_media":9951,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[218],"tags":[1230,3975,162,2756,3656,2354,1302,2846],"class_list":{"0":"post-9950","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banking","8":"tag-access","9":"tag-accounting","10":"tag-data","11":"tag-doge","12":"tag-musks","13":"tag-seeks","14":"tag-team","15":"tag-treasurys"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/9950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9950"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/9950\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/9951"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}