The Fiscal Assistant Secretary of the United States Treasury #David #Lebryk has been put on paid administrative leave
and plans to resign after refusing to give Elon Musk’s “Department of Government Efficiency” (DOGE) access to the operational details of the Treasury’s payment system and the data it processes.
In particular, Musk’s DOGE team has been asking for what the New York Times reporting refers to as
“source code information” since December and has been rebuffed.
CNN reporting specifically states that they were inquiring about the technical ability to stop payments.
Lebryk is widely credited with being the person responsible for the continuity of cash inflows and outflows during recurrent debt ceiling crises of the past 15 years
while concurrently ensuring the debt ceiling limit was not breached.
Scott Bessent’s full willingness to cooperate with DOGE’s desire to access the operational aspects of the Treasury’s payment system,
even to the point of overruling Lebryk,
is an extremely shocking development.
It implies a level of willingness to serve Trump’s interests that has not previously been understood by Congress, Wall Street, or corporate America at-large.
The danger is also not in the near future, it is here.
The danger of operational access to the payments system is precisely that there are very little safeguards for its improper use or manipulation.
It turns out that the greatest barrier was David Lebryk,
and he was shunted aside at the direct order of the White House.
We also have no idea what circumstances, or even if it is true, that “Career Treasury Department attorneys signed off.”
It’s likely they are pursuing using this to block payments
-- since the impoundment constitutional crisis has not been resolved.
They absolutely can shut down payments from a disfavored agency
even if they can’t shut down “individual” payments operationally.
Musk and his cronies are clearly aiming to redesign the payments system to serve their agenda.
The most chilling statement is this from the Wall Street Journal:
"It couldn’t be determined what DOGE representatives intended to do with their access to the payment system.
Musk and his team think the payment system should be overseen by political appointees selected by President Trump, the people said."
https://www.crisesnotes.com/elon-musk-wants-to-get-operational-control-of-the-treasurys-payment-system-this-could-not-possibly-be-more-dangerous/