Judges to consider barring Musk’s DOGE team from several government agencies

By Tom Hals WILMINGTON, Delaware (Reuters) – Two federal judges will consider on Friday whether Elon Musk’s government cost-cutting team known as DOGE will have access to Treasury Department payment systems and potentially sensitive data at U.S. health, consumer protection and labor agencies. Musk’s team has swept through government agencies since Republican Donald Trump became…

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Exclusive-Top Elon Musk aide arrives at IRS to scrutinize operations, sources say

By Nathan Layne (Reuters) -Gavin Kliger, one of the top staffers working with Elon Musk in his efforts to overhaul the federal government, arrived at the Internal Revenue Service on Thursday to examine the agency’s operations, according to two people familiar with the matter. Kliger was meeting with senior executives at the tax-collecting agency, marking…

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Exclusive-Trump prepares to change US CHIPS Act conditions, sources say

By Mike Stone, Fanny Potkin and Wen-Yee Lee WASHINGTON/SINGAPORE/TAIPEI (Reuters) -The White House is seeking to renegotiate U.S. CHIPS and Science Act awards and has signaled delays to some upcoming semiconductor disbursements, two sources familiar with the matter told Reuters. The people, along with a third source, said the new administration is reviewing the projects…

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Trump, allies ramp up attacks on judges as Musk calls for impeachments

By Nate Raymond (Reuters) – Donald Trump and his supporters on Wednesday continued to ramp up their criticism of judges who they say have stymied the Republican U.S. president’s second-term agenda, with billionaire ally Elon Musk calling for “an immediate wave of judicial impeachments.” Those statements came a day after federal courts forced U.S. agencies…

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Powell says he does not believe Musk or his team have tried to access Fed systems

(Reuters) – Federal Reserve Chair Jerome Powell on Tuesday said he did not believe that Elon Musk or members of his Department of Government Efficiency team have tried to access the Fed’s secure payment systems. “Will you commit to report to this committee, majority and minority, immediately should you become aware of any such attempt…

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Bond traders waver as Trump questions US government debt figures

By Davide Barbuscia NEW YORK (Reuters) – Bond investors were thrown off balance on Monday by U.S. President Donald Trump’s weekend remarks on investigating Treasury debt payments for fraud, with some hoping they signaled a future pullback in debt issuance. Speaking to reporters aboard Air Force One, Trump said officials reviewing wasteful spending had shifted…

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Reversing Biden, FAA reinstates ‘Notice to Airmen’ pilot message name

WASHINGTON (Reuters) – The Federal Aviation Administration said on Monday it is reversing a four-year-old decision to rename pilot messages and reinstating the prior “Notice to Airmen” term. In December 2021, the FAA under President Joe Biden renamed the messages “Notices to Air Missions,” commonly known as NOTAMs, saying it was “inclusive of all aviators…

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Elon Musk-led group makes $97.4 billion bid for control of OpenAI, WSJ reports

(Reuters) -A consortium of investors led by billionaire Elon Musk is offering $97.4 billion to buy the nonprofit that controls artificial intelligence startup OpenAI, the Wall Street Journal reported on Monday. Musk’s attorney, Marc Toberoff, said he submitted the bid to OpenAI’s board on Monday, according to the report. “It’s time for OpenAI to return…

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