Reported 3 days ago
Elon Musk's Department of Government Efficiency (DOGE) has begun working at the US Securities and Exchange Commission (SEC) shortly after Paul Atkins was nominated to lead the agency. This team, treated as internal employees by SEC staff, aims to implement budget cuts, including workforce reductions and office lease eliminations. Despite concerns raised by lawmakers about Musk's influence over the SEC, the agency has historically operated at a profit through its enforcement actions and fees.
Source: YAHOO