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Elon Musk’s aides have taken control of the US Treasury Department’s payments system, managing trillions of dollars in transactions annually, causing concern among critics. Musk, leading federal cost-cutting efforts under the “Department of Government Efficiency,” claimed to be rooting out corruption and waste. The Treasury’s payments system, crucial for handling government funds, was approved for Musk’s control by incoming Treasury Secretary Scott Bessent after a career official was placed on leave for refusing access.
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