JPMorgan Chase CEO Jamie Dimon said that the federal government is inefficient and needs improvement, amid widespread layoffs across various departments under the Trump administration. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
President Trump has floated giving a $5,000 “DOGE Dividend” to U.S. taxpayers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
The U.S. Treasury Secretary says a new government cost-cutting effort has found $50 billion in savings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Elon Musk works with the White House, not for it, according to an administration official. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
America’s top Social Security official has reportedly resigned following a clash with Elon Musk’s efficiency group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
The Elon Musk-led Department of Government Efficiency (DOGE) is reportedly seeking access to an Internal Revenue Service (IRS) system that is usually not available to political appointees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Treasury Inspector General and the Government Accountability Office (GAO) are investigating the reported decision by Treasury Secretary Scott Bessent to allow the Elon Musk-led Department of Government Efficiency (DOGE) to access government payment systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Mass government layoffs have reportedly begun under the White House’s plan to shrink the federal bureaucracy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
When Elon Musk began digging into the U.S. Treasury, one phrase kept coming up: “Read-only access.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
