Catenaa, Tuesday, April 01, 2025-The U.S. Securities and Exchange Commission (SEC) has begun integrating officials from Elon Musk Department of Government Efficiency (DOGE), according to an internal email sent to SEC staff Friday.
The email stated that DOGE members would be treated as SEC staff for network and data access, subject to security training and ethical clearances. A liaison team has been formed to coordinate interactions, though SEC employees were instructed not to provide substantive information without prior approval.
The SEC declined to clarify Musk’s role in the initiative or what level of access DOGE officials would have. Democratic Senators Elizabeth Warren and Mark Warner called for a Government Accountability Office (GAO) investigation, warning that SEC restructuring efforts could weaken investor protections.
The SEC is undergoing significant changes, with over 600 employees—about 12% of its workforce—leaving under a voluntary buyout program. Meanwhile, President Donald Trump’s nominee to lead the SEC, Paul Atkins, told Congress he would support working with Musk’s team to improve agency efficiencies if confirmed.
Musk has a contentious history with the SEC, having faced multiple legal battles with the agency over financial disclosures and regulatory disputes. His involvement in SEC operations is expected to draw further scrutiny.
