If Tom Krause is looking for government waste, ‘he should look in the mirror,’ says an ex-employee.
Treasury Department
Posted inLaw and Justice
Illegal Executive Spending Decisions Are Happening Now
With the rightful concern about collapsing the U.S. payment system, we’ve lost sight of the illegality happening in real time: presidential impoundment of funds for disfavored causes.
Posted inPolitics
Will the Republic Strike Back?
The attempted hostile takeover of the U.S. government by Trump and Musk is beginning to hit a wall. Let’s see if the wall holds.
Posted inLaw and Justice
Lawsuit Takes On Musk Payment System Takeover on Privacy Grounds
Giving DOGE access to the Treasury Department’s payment system violates the Privacy Act of 1974 and IRS statutes, three plaintiffs allege.
Posted inPolitics
Democrats’ Plans to Fight Musk
After a slow start, Democrats begin to resist the government takeover.
Posted inEconomic Policy
‘Filled With Unmitigated Terror’
A Q&A with Nathan Tankus on what it means for Elon Musk’s forces to have commandeered some level of control of the U.S. payment system.
Posted inEconomic Policy
Trump’s Economy: Brute Force and Favor-Trading
The tariff threats against major trading partners preview geopolitical strategies that Trump’s Treasury secretary nominee Scott Bessent has articulated, with a dash of corruption thrown in.
Posted inMoney, Politics, and Power
The Crypto Plot Against America’s Gold Reserves
National Treasure: Bitcoin Edition
Posted inVideos
The Prospect Weekly Roundup: Trump’s Cabinet Picks
On our live show, David and Emma discuss the latest cabinet nominations—and early misfires.
Posted inTAP
Blood and Treasure
Today on TAP: The infighting grows fierce as Trump keeps searching for a Treasury secretary.