Elon Musk is trying to get control of key payment system—at any cost
Elon Musk is trying to get control of key payment system—at any cost
newrepublic.com
Elon Musk Is Trying to Get Control of Key Payment System—at Any Cost
Summary
David Lebryk, the longest-serving career official at the U.S. Treasury, is resigning after a conflict with Elon Musk’s allies over access to a key government payment system.
Musk’s team has sought control of the system, which distributes $6 trillion annually in Social Security, Medicare, federal salaries, and other payments.
Traditionally, only career officials handle it.
Lebryk’s departure raises concerns, as he served under multiple administrations, including Trump’s, and was widely respected for his nonpartisan leadership.
His exit signals growing instability in financial governance.