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
Gold falls below $4,300 as higher US yields bolster Fed rate hike betsGold price (XAU/USD) tumbles to near $4,295 during the early Asian session on Tuesday. The precious metal faces some selling pressure as rising bond yields and surging energy prices strengthen expectations that the US Federal Reserve (Fed) will raise interest rates this week. 
Author  FXStreet
Sep 15, Tue
Gold price (XAU/USD) tumbles to near $4,295 during the early Asian session on Tuesday. The precious metal faces some selling pressure as rising bond yields and surging energy prices strengthen expectations that the US Federal Reserve (Fed) will raise interest rates this week. 
placeholder
【Daily Brief】10-year Treasury yield briefly tops 5%, S&P 500 slips to 7,602 and the dollar firms at 99.3 as the Fed's decision eve beginsThe 10-year Treasury yield touched 5.014% on Monday — its first print above 5% since October 2023 — while the S&P 500 closed 0.48% lower at 7,619.98 and the dollar index firmed to 99.3. Here is the full market wrap ahead of Wednesday's FOMC decision, the dot plot and the August retail sales report, plus today's CLARITY Act Senate vote.
Author  Irene Q.
Sep 15, Tue
The 10-year Treasury yield touched 5.014% on Monday — its first print above 5% since October 2023 — while the S&P 500 closed 0.48% lower at 7,619.98 and the dollar index firmed to 99.3. Here is the full market wrap ahead of Wednesday's FOMC decision, the dot plot and the August retail sales report, plus today's CLARITY Act Senate vote.
placeholder
Silver breaks $64 as precious metals rebound — can gold hold the $4,280 line into the Fed decision?Silver has climbed back above $64 an ounce for the first time this week, leading a broad rebound across precious metals hours before the Federal Reserve delivers what is expected to be its first rate hike since 2023. Spot silver was last at $64.64, up 1.49% on the day, while gold reclaimed $4,300 and platinum and palladium both advanced. The question now is whether the bounce is a genuine turn — or a pause before the Fed's dot plot decides the next move.
Author  Suzie
19 hours ago
Silver has climbed back above $64 an ounce for the first time this week, leading a broad rebound across precious metals hours before the Federal Reserve delivers what is expected to be its first rate hike since 2023. Spot silver was last at $64.64, up 1.49% on the day, while gold reclaimed $4,300 and platinum and palladium both advanced. The question now is whether the bounce is a genuine turn — or a pause before the Fed's dot plot decides the next move.
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
19 hours ago
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.
goTop
quote