FT News Briefing Swamp Notes: How far can Doge go?
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Feb 8, 2025 
Joe Miller, a Financial Times reporter focusing on the intersection of business and government, dives into the audacious ambitions of Elon Musk’s Department of Government Efficiency, known as Doge. The conversation highlights Doge's unauthorized access to sensitive Treasury data and its sweeping budget cuts, raising alarms about transparency. The implications of Doge's influence on federal authority and the political landscape surrounding cryptocurrency are also dissected, showcasing the tensions Musk faces amid rapidly evolving policies.
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Doge's Mission
- Elon Musk leads the Department of Government Efficiency (Doge), aiming to cut government spending.
- Doge, operating within the White House, audits agencies and targets wasteful spending.
Doge's Actions
- Doge has been active in several government agencies, including Treasury, State, and FAA.
- USAID, a $40 billion agency, has already been shut down by Doge.
Treasury Data Access
- Doge accessed sensitive Treasury payment data, raising concerns.
- This access allows Doge to scrutinize government spending, but its authority is questioned.