AFL-CIO Sues Treasury Over Musk’s Access To Records

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US Treasury is facing a lawsuit after it allowed Elon Musk’s DOGE group to see private financial and personal details. The AFL-CIO, a large group for workers, is suing the Treasury for sharing people’s information. The lawsuit is raising concerns about privacy, the government having too much control, and Musk getting more power in the country.

The lawsuit argues the government gave Musk and DOGE access to private financial records without consent. Union leaders said Americans who trust the government with their financial details should not have their information given to companies that have no legal control. They believe the government should protect people’s financial information instead of handing it to private groups.

Democratic Leaders Speak Against The U.S. Treasury’s Action

This legal fight has led to a wider political debate. Democratic leaders, including Senate Majority Leader Chuck Schumer and Senator Elizabeth Warren, have spoken against the Treasury’s actions.

Senator Ron Wyden also shared his thoughts on Bluesky, saying his sources told him DOGE was given “full access” to the Treasury’s payment system. This system holds important details like names, Social Security numbers, home addresses, emails, and bank account numbers of millions of Americans. Wyden had earlier asked Bessent to explain why Musk’s DOGE was allowed to see such private records.

Schumer said he will introduce a law to stop anyone from getting into Treasury payment systems without approval. He believes stronger rules are needed to protect financial data. Warren also said the system is now at risk because of Musk’s influence. She explained that allowing private groups to access government payment records could harm millions of people.

People Worry About Musk’s Control Over Government Financial Systems

The drop in Dogecoin’s price is coming when other cryptocurrencies were also struggling. Bitcoin, Ethereum, and XRP were trying to go up again after recent losses. Experts said DOGE is still in a weak position, and its price could fall more if investors stay unsure.

People have discussed for a long time about how much Musk affects Dogecoin’s price. His social media posts often change the value of the cryptocurrency. Now, his role in government work has brought more questions, especially about how safe the country’s money system is.

Many people said they are worried about how much control Musk has over government money systems. The lawsuit has also affected cryptocurrency. Dogecoin (DOGE), which is connected to Musk, has fallen almost 15% this week. At the time of the report, it was worth $0.2764.

About Ali Raza PRO INVESTOR

Ali is a professional journalist with experience in Web3 journalism and marketing. Ali holds a Master's degree in Finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of leading cryptocurrency publications including Capital.com, CryptoSlate, Securities.io, Invezz.com, Business2Community, BeinCrypto, and more.