Elon Musk is now preparing for his smooth transition out of his position as a Special Government Employee (SGE), working closely with the Department of Government Efficiency (DOGE) under the second Trump administration — according to a New York Post report.
Read More WH: Elon Musk Working With DOGE Remotely, Preparing To Step Out Of SGE Position
A federal judge ruled on Tuesday that Elon Musk likely acted unconstitutionally with his directive to dismantle the U.S. Agency for International Development (USAID), also halting the Department of Government Efficiency (DOGE) from making anymore cuts to the agency.
Read More Federal Judge Halts Trump And Musk’s Attempt To Dismantle USAID, Challenging DOGE Cuts
Head of the US Consumer Financial Protection Bureau (CFPB) Russell Vought has ordered staff to pause their activity.
Read More White House Budget Director Orders To Pause CFPB Funding
Two technology trade groups sued to block a new rule giving the regulator supervisory authority over payment apps and digital wallets from large non-banks.
Read More Tech groups sue US CFPB to block rule on payment apps, digital wallets
Silicon Valley tech giants who process more than 13 billion financial transactions annually through digital wallets and payment apps will be subject to government supervision.
Read More US watchdog issues final rule to supervise Big Tech payments, digital wallets
The U.S. Consumer Financial Protection Bureau has taken steps to put Alphabet’s Google under formal federal supervision.
Read More US regulator looks to put Google under federal supervision, Washington Post says