Summary
Elon Musk and his “Department of Government Efficiency” (DOGE) have been granted access to the U.S. Treasury’s federal payment system, raising concerns about security and misuse.
Treasury Secretary Scott Bessent approved the move after a top Treasury official was ousted for resisting.
Critics warn Musk could freeze payments to government programs or manipulate federal contracts.
The move coincides with DOGE’s takeover of the Office of Personnel Management.
Experts call it a dangerous power grab, as Musk holds no official government position.
Just to culture shock Americans: it’s not exactly the same but in Sweden our personal numbers are kept in the open. Even online. Searchable databases with names, phone numbers, addresses etc. It tells you if someone has a dog. It tells you if they have a car. Which car, even. Some tell you the income of the person you’re searching for. Sites even exist that could tell you if I’ve commited a crime. Some people think that’s unreasonable. Irresponsible even!
That said, as pertains to the article, the fact that he has that info seems pretty unreasonable and irresponsible.
At least in the past, you could use a person’s ssn to open credit cards, change utilities, and generally ruin someone’s life. Someone took out a credit card with my SSN when I was like 9 or 10 and it caused issues when I became an adult and tried to get a student loan for uni.
That is technically possible with our information too. It happens, but is bothersome. Taking out massive loans is possible too, with the right bank on the right day.
You’d need some way to verify the identity, but since such signatures are handled digitally through an app it’s just a good phishing call away really. You already have the phone number and the address if you have the personal identification number.