Elon Musk’s Department of Government Efficiency (DOGE) has recently announced an audit into the Securities and Exchange Commission (SEC). This audit aims to investigate potential fraud, abuse, and misappropriation of resources within the SEC. The announcement came after DOGE-affiliated accounts on social media called for public insights on finding and fixing waste, fraud, and abuse at the SEC. This move is part of Musk’s broader effort to cut federal spending and increase efficiency within the government.
Sources:
https://www.politico.com/news/2025/02/17/musk-doge-securities-exchange-commission-00204621
https://www.independent.co.uk/news/world/americas/us-politics/elon-musk-sec-tesla-doge-b2699798.html
https://www.foxbusiness.com/politics/doge-asks-public-insights-potential-waste-sec