Trump claims Musk will uncover "hundreds of billions" of dollars in U.S. fraud.

Elon Musk, as part of his first actions to meet the objectives assigned to him, has deployed several teams to evaluate agency spending and find ways to reduce it, the first on the list are the United States Agency for International Development (USAID) and the Department of the Treasury.

Elon Musk 's team has been granted access to internal government systems, including sensitive Treasury Department data, in order to identify and eliminate unnecessary spending.

This has raised fears among American citizens, who have called for Musk and his people to be denied access to the personal and financial data of millions of Americans. Yesterday, a federal judge issued an emergency order to prevent DOGE from accessing sensitive data.

Elon Musk has suggested eliminating agencies he considers redundant or inefficient, such as the Consumer Financial Protection Bureau (CFPB), the U.S. Agency for International Development (USAID), and the Federal Deposit Insurance Corporation (FDIC).

Plans to combine and restructure the FDIC, the Office of the Comptroller of the Currency (OCC) and the Federal Reserve have also been discussed.