The FinTech Hub
Source: The Verge Marko Elez, the 25-year-old staffer Department of Government Efficiency staffer linked to a social media profile with racist posts, “will be brought back,” shortly after he resigned, Elon Musk announced on X. Elez resigned from his role where he reportedly had the ability to rewrite code in sensitive payments systems at the…
Source: The Verge Within the past week, Elon Musk and his Department of Government Efficiency (DOGE)-affiliated staffers have gained unprecedented access to sensitive US financial systems with data on millions of Americans, claimed to shut down one federal agency without an act of Congress, and invaded numerous government agencies. They’ve been opposed by lawsuits, public…
Source: The Verge The Trump administration’s war on electric cars continues with the halt of a national program that sends money to states to install EV charging equipment. It was the latest move by President Donald Trump to reverse Biden-era EV policies — even as those policies have personally enriched his top ally, Elon Musk….
Source: The Verge Marko Elez — the 25-year-old Department of Government Efficiency (DOGE) staffer who has reportedly been combing through the Treasury Department’s payment systems — resigned from his position after the Wall Street Journal uncovered an old social media account linked to him with numerous posts promoting racism and eugenics. “99% of Indian H1Bs…
Source: The Verge A federal judge in Massachusetts temporarily blocked the Trump administration’s “deferred resignation” program, meant to push out career government workers as part of the Elon Musk-run Department of Government Efficiency’s alleged effort to cut federal spending, several outlets report. The program gave employees a deadline just before midnight on Thursday to accept…
Source: The Verge Ted Carstensen, the head of the United States Digital Service (USDS) organization that has been renamed to Elon Muskâs Department of Government Efficiency (DOGE), is resigning instead of taking the âFork in the Roadâ deferred resignation offer for federal employees. âI write to let you know that I have decided to resign…
Source: The Verge On today’s episode of Decoder, we’re discussing a very big problem with extremely far-reaching consequences: how dysfunctional has the federal government in the United States become, and how much of it has been handed to Elon Musk? If you’ve even glanced at the news over the past week, you’ve likely come across…
Source: The Verge The long block outside of the US Treasury Department on Tuesday was lined with protesters. They flooded across the street with signs bearing slogans: “Nobody elected Musk”; “This is illegal”; “Stop the coup.” It was one of multiple DC protests targeting billionaire Elon Musk’s reported access to core government payment systems, attended…
Source: The Verge The world’s hottest AI company went through three CEOs in under a week and ended up with the same one it had at the start — so what happened, and what’s next? On November 17th, 2023, OpenAI’s nonprofit board abruptly announced that co-founder and CEO Sam Altman was out. The shake-up came…
Source: The Verge As the third week of Donald Trump’s presidency begins, workers across federal agencies are scrambling to find their footing among the chaos. From the US Agency for International Development and the Department of Agriculture, to the Environmental Protection Agency and the Department of Labor, federal workers are facing an onslaught of changes…
