Democratic leaders in both chambers on Monday vowed to introduce legislation to “stop unlawful meddling in the Treasury Department’s payment systems.” Democrats have been sounding the alarm over reports that the Department of Government Efficiency (DOGE),

The Treasury Department’s payment system has been likened to the government’s checkbook and makes $6 trillion in disbursements a year.

In what appears to be yet another move to consolidate parts of the federal government, President Donald Trump has appointed Treasury Secretary Scott Bessent as the acting director of the Consumer Financial Protection Bureau.

President Donald Trump on Monday designated Treasury Secretary Scott Bessent with additional duties as acting director of the Consumer Financial Protection Bureau after firing Rohit Chopa on Saturday.

President Donald Trump has tasked Treasury Secretary Scott Bessent with serving as the acting director of the Consumer Financial Protection Bureau, the agency said Monday.

Granting Elon Musk and the Department of Government Efficiency access to the Treasury’s payment systems is “as dangerous as it gets,” critics have warned.

In a letter to the Treasury secretary, the Democratic senator warned against meddling with a system that processes trillions of dollars of transactions.

Elon Musk and his aides have taken control of the US Treasury Department's payments system -- which manages trillions of dollars of transactions each year -- sparking alarm among critics.