Elon Musk's D.O.G.E is said to target the SEC, causing legislators to worry

Elon Musk's Government Efficiency Department, also known as DOGE, is reportedly preparing to face the U.S. Securities and Exchange Commission (SEC), marking the latest escalation in Musk's long battle with the financial regulatory agency According to a report on February 17 from Politico, DOGE officials are expected to visit the SEC office in the coming days. D.O.G.E Expands Its Reach "They are at the gate," an anonymous source quoted in the report said, referring to the increasing pressure from Musk's government oversight agency. The agency, which is rapidly expanding its influence, has recently added over 30 related pages on X, including a branch focusing on the SEC named DOGE SEC. The SEC has issued a call to action on X, urging the public to report any evidence of "waste, fraud, and abuse" within the SEC. This aligns with Musk's broader campaign to eliminate inefficiencies across federal agencies, but also raises concerns about potential conflicts of interest due to Musk's history with regulatory bodies. History of conflict between Musk and SEC Musk's contempt for the SEC has been well documented. Most recently, the regulatory agency has accused him of shortchanging Twitter shareholders over $150 million in a lawsuit related to his takeover of the social media platform. In response, Musk has dismissed the agency as a "broken organization," claiming it focuses on trivial issues while real financial crimes go unchecked. Now, as DOGE turns to the SEC, some lawmakers are concerned that Musk's involvement could undermine sensitive financial data. Democratic representative Maxine Waters has expressed concern that Musk may have access to the SEC's Consolidated Audit Trail—a large-scale transaction monitoring system that tracks US securities transactions. Critics fear that this data, described as a "treasure trove," could be exploited to serve Musk's personal interests or to settle old debts with regulatory agencies. Despite these concerns, the White House insists that protective measures have been implemented. Press secretary Karoline Leavitt assured reporters that President Trump 'will not allow conflict' and Musk has committed to not getting involved in potential conflicts. In addition to the SEC, DOGE has also secured access to sensitive student loan profiles from the Department of Education and is seeking confidential taxpayer data from the Tax Office.