In a curious twist of fate, the illustrious United States Department of Government Efficiency, under the audacious leadership of none other than Elon Musk, has reportedly set its sights on the venerable US Securities and Exchange Commission. Ah, the irony! Who knew efficiency could be so… entertaining?
According to the ever-reliable Politico, Musk’s DOGE is poised to make its grand entrance at the SEC in the coming days. “They are at the gates,” quipped one of the shadowy sources in the Feb. 17 report, as if we were all characters in a grandiose play of bureaucratic absurdity.
In a delightful display of ambition, DOGE has sprouted over 30 affiliate pages on X, expanding its cash-cutting crusade to a multitude of federal agencies. Among these is the illustrious DOGE SEC, which, on Feb. 17, issued a heartfelt plea: “DOGE is seeking help from the public!” Because, of course, who wouldn’t want to assist a meme coin in its noble quest?
“Please DM this account with insights on finding and fixing waste, fraud, and abuse relating to the Securities and Exchange Commission,” it added, as if the SEC were a lost puppy in need of a home. 🐶
Musk, the perennial gladiator in this arena, has had his share of tussles with the regulator. In a recent lawsuit, the SEC alleged that Musk had underpaid Twitter stock investors by a staggering $150 million. Oh, the drama!
At that time, Musk, in a fit of poetic indignation, described the agency as a “totally broken organization,” adding, “They spend their time on shit like this when there are so many actual crimes that go unpunished.” A true bard of our times! 🎭
Meanwhile, opposing Democrat lawmakers, including the ever-vocal Maxine Waters, have expressed their concerns about Musk potentially accessing sensitive SEC information. Because, you know, who wouldn’t be worried about a billionaire with a penchant for chaos?
They were particularly alarmed by the “Consolidated Audit Trail,” a massive trading tracking system they dubbed “the single largest treasure trove that he can pillage for his personal gain or vendetta.” Politico, ever the dramatist, reported this with a flourish.
In a twist of fate, White House press secretary Karoline Leavitt stated, “As for concerns regarding conflicts of interest between Elon Musk and DOGE, President Trump has stated he will not allow conflicts, and Elon himself has committed to recusing himself from potential conflicts.” Because nothing says “trust me” like a billionaire’s promise!
The SEC, currently helmed by acting Chair Mark Uyeda, awaits the confirmation of Trump’s nominee, Paul Atkins. A waiting game, indeed!
CryptoMoon, in its quest for truth, contacted the SEC for comment but was met with the deafening silence of bureaucracy. 📞
On Feb. 17, a federal judge ruled that DOGE could access sensitive student loan records maintained by the Department of Education, according to ABC News. And as if that weren’t enough, DOGE is also seeking access to troves of sensitive taxpayer data at the Internal Revenue Service, according to the Associated Press. Because why not? 🎉
Read More
- OM/USD
- Solo Leveling Season 3: What You NEED to Know!
- Lisa Rinna’s RHOBH Return: What She Really Said About Coming Back
- Kanye West’s Wife Stuns Completely Naked at 2025 Grammys
- Solo Leveling Season 3: What Fans Are Really Speculating!
- ETH/USD
- Nintendo Switch 2 Price & Release Date Leaked: Is $449 Too Steep?
- Shocking Truth Revealed: Is Cassandra Really Dead in Netflix’s Terrifying Mini-Series?
- White Lotus: Cast’s Shocking Equal Pay Plan Revealed
- Benny Blanco and Selena Gomez’s Romantic Music Collaboration: Is New Music on the Horizon?
2025-02-18 09:44