Musk’s DOGE Staffers Arrive at SEC to Hunt for Spending Cuts
The agency has historically cost the government less in operating expenses than it produces in revenue from fees and enforcement actions.
Photographer: Tierney L. Cross/BloombergThis article is for subscribers only.
Elon Musk’s Department of Government Efficiency has landed at the US Securities and Exchange Commission one day after President Donald Trump’s choice to lead the agency, Paul Atkins, appeared before the Senate Banking Committee for his nomination hearing.
A group of Musk advisers arrived Friday at the agency, according to communications from the agency sent to staff and reviewed by Bloomberg News. The message didn’t identify the DOGE emissaries by name, and SEC staff were instructed to treat them as internal employees, according to the message.