Elon Musk focused on the SEC with his DOGE! - Coin Bulletin

Under the leadership of Elon Musk, the Department of Government Efficiency (D.O.G.E), has the SEC under scrutiny. They requested information from the public on corruption and waste.

It was claimed that Elon Musk's DOGE team will increase their scrutiny of the US Securities and Exchange Commission (SEC) (SEC) in the coming days. According to Politico, the DOGE team drew attention to the SEC with the comment "waiting at the door."

DOGE, as part of its initiatives to reduce public spending, has created more than 30 sub-accounts on the X platform. One of these, DOGE SEC, called on the public to report waste and corruption at the SEC.

The tension between Musk and the SEC is not new. Musk has previously described the SEC as a "completely broken institution" and argued that the regulator ignores real crimes. In addition, it was alleged that the SEC caused Twitter shareholders to suffer more than 150 million dollars in damages in the lawsuit filed against him.

Some members of the Democratic Party, such as Maxine Waters, expressed concerns that Musk's access to sensitive data at the SEC could be used for his own benefit. In particular, it was suggested that the Consolidated Audit Trail (Consolidated Audit Monitoring System) could be misused by Musk.

However, White House spokesperson Karoline Leavitt stated that President Trump will not allow conflicts of interest and Musk has also committed to recuse himself in such situations.

The DOGE team is trying to access sensitive data related to (IRS) not only limited to the SEC, but also to the US Department of Education and the Internal Revenue Service. It was reported that a federal judge granted DOGE access to sensitive information related to student loans.