{"id":21237,"date":"2025-02-18T12:11:08","date_gmt":"2025-02-18T10:11:08","guid":{"rendered":"https:\/\/forklog.com\/en\/elon-musk-led-doge-to-audit-sec\/"},"modified":"2025-02-18T12:11:08","modified_gmt":"2025-02-18T10:11:08","slug":"elon-musk-led-doge-to-audit-sec","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/elon-musk-led-doge-to-audit-sec\/","title":{"rendered":"Elon Musk-Led DOGE to Audit SEC"},"content":{"rendered":"<p>The U.S. Department of Government Efficiency (DOGE), under the leadership of Elon Musk, will conduct an audit of the U.S. Securities and Exchange Commission (SEC).<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">DOGE is seeking help from the public! Please DM this account with insights on finding and fixing waste, fraud and abuse relating to the Securities and Exchange Commission.<\/p>\n<p>\u2014 DOGE SEC (@DOGE_SEC) <a href=\"https:\/\/twitter.com\/DOGE_SEC\/status\/1891519437951365238?ref_src=twsrc%5Etfw\">February 17, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Representatives of DOGE have reached out to the public, requesting information on potential corruption and abuse within the SEC.<\/p>\n<p>The department is set to commence the audit in the coming days, according to <a href=\"https:\/\/www.politico.com\/news\/2025\/02\/17\/musk-doge-securities-exchange-commission-00204621\">Politico<\/a>, citing its own sources.<\/p>\n<p>Maxine Waters, Deputy Chair of the House Financial Services Committee, stated that DOGE and Musk&#8217;s access to confidential SEC data, such as the Consolidated Audit Trail system, poses a threat to financial market security. Waters outlined her concerns in a letter to Acting SEC Chair Mark Uyeda.<\/p>\n<p>The Trump administration has stated that Musk does not play a direct role in DOGE&#8217;s operations, and the president himself has promised to prevent potential conflicts of interest.<\/p>\n<p>Back in January 14, 2025, the regulator <a href=\"https:\/\/forklog.com\/en\/news\/sec-sues-elon-musk-over-late-disclosure-of-twitter-stake\">filed a lawsuit<\/a> against Musk for failing to disclose the timing of his stock purchases in X. According to the agency, he continued &#8220;acquiring shares at artificially low prices,&#8221; spending over $500 million, while &#8220;underpaying by at least $150 million.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Department of Government Efficiency (DOGE), under the leadership of Elon Musk, will conduct an audit of the U.S. Securities and Exchange Commission (SEC).<\/p>\n","protected":false},"author":1,"featured_media":21236,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1217,36,128,26],"class_list":["post-21237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-elon-musk","tag-regulation","tag-sec","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/21237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=21237"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/21237\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/21236"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=21237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=21237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=21237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}