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Key payment systems ‘under siege’ by Trump administration, experts warn

The Guardian on The Guardian
Key payment systems ‘under siege’ by Trump administration, experts warn



Ex-treasury secretaries caution against administration’s subversion of checks and balances, specifically MuskUS politics live – latest updatesA group of five former US treasury secretaries are warning that the Trump administration has put the country’s key payment systems “under siege” and is undermining the checks and balances of the federal government.The secretaries warned that the administration has compromised roles historically given to nonpartisan career civil servants and have replaced them with “political actors”, according to a New York Times op-ed published on Monday. The secretaries specifically called into question Elon Musk’s so-called “department of government efficiency”, or Doge, and the appointees that Musk has installed within agencies, including the treasury department. Continue reading…



Source link : https://www.theguardian.com/us-news/2025/feb/10/trump-payment-system-treasury

Author : Lauren Aratani

Publish date : 2025-02-10 17:03:52

Copyright for syndicated content belongs to the linked Source.

Tags : The Guardian

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