Elon Musk and his D.O.G.E now legally banned from the US Treasury systems

Source Cryptopolitan

Elon Musk’s D.O.G.E (Department of Government Efficiency) just got slapped with a major legal block. A federal judge has today officially barred Elon and his team from accessing the US Treasury’s payment system.

Judge Colleen Kollar-Kotelly issued the order after Elon boasted on Monday that his team was “rapidly shutting down” government remittances. The Treasury’s payment network processes trillions annually, including Social Security and Medicare disbursements, which Elon claimed were taking way too much from the government’s budget.

The legal hit comes as representatives of federal employees and retirees took action, filing a lawsuit claiming Elon’s involvement is a direct threat to privacy. They told the Judge that sharing sensitive financial data with D.O.G.E “deprives them of privacy protections guaranteed by federal law.”

The court wasted no time agreeing, issuing a temporary order to block Elon’s D.O.G.E from getting its hands on any more Treasury information.

D.O.G.E’s inner circle targeted in the court order

The US government tried damage control by telling the court that only two D.O.G.E insiders had access to Treasury data: Tom Krause, CEO of Cloud Software Group, and 25-year-old coding prodigy Marko Elez. But that clearly didn’t sway Judge Kollar-Kotelly.

Elon himself, according to her order, won’t be able to review any Treasury-related data. Tensions have been building ever since Elon hinted that D.O.G.E was unilaterally canceling “illegal” payments from federal programs.

Treasury officials, panicking over Elon’s perceived authority, scrambled to reassure the public. Donald Trump addressed the chaos directly, saying, “Elon can’t do—and won’t do—anything without our approval.”

Trump’s press secretary, Karoline Leavitt, also stepped in, promising Elon would avoid conflicts of interest if any of his companies had business tied to D.O.G.E’s oversight. “If Elon encounters conflicts related to contracts his companies hold, he will excuse himself. He has followed all applicable laws,” she said.

Meanwhile, labor organizations filed a separate lawsuit on Wednesday to block D.O.G.E from accessing systems at the Department of Labor, fearing it could be Elon’s next target. They’ve accused Elon’s team of storming through federal networks without waiting for legal approval.

The lawsuit said, “D.O.G.E seeks to gain access to sensitive systems before courts can stop them, dismantle agencies before Congress asserts budget control, and intimidate employees who resist.”

Cryptopolitan Academy: FREE Web3 Resume Cheat Sheet - Download Now

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Fed hike odds near 90% into Wednesday's decision — how to trade the dollar, gold and the S&P 500A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.
Author  Suzie
Sep 14, Mon
A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.
placeholder
Bitcoin falls below $75,000 as the CLARITY Act fails in the Senate — what the vote means for cryptoThe US Senate blocked the Digital Asset Market CLARITY Act in a 49-50 procedural vote, sending Bitcoin briefly below $75,000 — its biggest one-day drop since June. Ethereum fell more than 8%, Coinbase slid 10% and $75 billion of crypto market value evaporated. Here is what the vote was, why it failed, and the levels that matter now.
Author  Suzie
Sep 16, Wed
The US Senate blocked the Digital Asset Market CLARITY Act in a 49-50 procedural vote, sending Bitcoin briefly below $75,000 — its biggest one-day drop since June. Ethereum fell more than 8%, Coinbase slid 10% and $75 billion of crypto market value evaporated. Here is what the vote was, why it failed, and the levels that matter now.
placeholder
Dollar index tops 100 for the first time since July as the Fed's hawkish dot plot sinks inThe U.S. dollar index broke back above 100 for the first time since 31 July after the Fed delivered its first rate hike since 2023, with the dot plot showing 16 of 18 officials expect at least one more increase this year. Here are the levels that matter for DXY, the currencies feeling it most, and what to watch next.
Author  Irene Q.
Sep 17, Thu
The U.S. dollar index broke back above 100 for the first time since 31 July after the Fed delivered its first rate hike since 2023, with the dot plot showing 16 of 18 officials expect at least one more increase this year. Here are the levels that matter for DXY, the currencies feeling it most, and what to watch next.
placeholder
Gold rebounds to near $4,350 on weaker US Dollar, falling oil pricesGold price (XAU/USD) rises to near $4,345 during the early Asian session on Friday. The precious metal rebounds from a six-week low amid falling oil prices and a weaker US Dollar (USD). Traders continue to assess the latest Federal Reserve (Fed) rate hike and policy cues.
Author  FXStreet
Yesterday 01: 32
Gold price (XAU/USD) rises to near $4,345 during the early Asian session on Friday. The precious metal rebounds from a six-week low amid falling oil prices and a weaker US Dollar (USD). Traders continue to assess the latest Federal Reserve (Fed) rate hike and policy cues.
placeholder
US to delay new "overcapacity" tariffs on China — what the pause means for trade, inflation and the dollarWashington is expected to hold off announcing new tariffs over Chinese "overcapacity" until after the 24 September summit, according to Bloomberg. The postponed plan would have added 7.5% to Chinese goods, taking second-term US tariffs to around 20%. Here is what is on the table, and what a deal versus no deal would mean for the yuan, Hong Kong equities and the dollar.
Author  Mitrade
Yesterday 07: 43
Washington is expected to hold off announcing new tariffs over Chinese "overcapacity" until after the 24 September summit, according to Bloomberg. The postponed plan would have added 7.5% to Chinese goods, taking second-term US tariffs to around 20%. Here is what is on the table, and what a deal versus no deal would mean for the yuan, Hong Kong equities and the dollar.
goTop
quote