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The U.S. Government Accountability Office (GAO) is set to investigate changes at the Securities and Exchange Commission (SEC) following a request from Senate Democrats. The inquiry will focus on staff cuts and new regulations that may hinder the SEC's ability to conduct investigations, particularly those influenced by the White House and Elon Musk's Department of Government Efficiency (DOGE). The SEC has also recently denied a request from DOGE for access to agency data, which includes sensitive information. This ongoing scrutiny comes amid concerns over Musk's crypto ventures and their potential political implications, as well as the SEC's response to requests for data access from Musk's team.
Elon Musk's Department of Government Efficiency is seeking access to U.S. Securities and Exchange Commission data, including email communications, but has faced some pushback from the regulator, a source familiar with the matter said. https://t.co/IiRLDAYX3s https://t.co/7HGyLaHrLE
A bid to prevent Elon Musk’s government efficiency team from getting wholesale access to sensitive Social Security administration data may struggle before the Fourth Circuit, a federal judge indicated during a Tuesday hearing. https://t.co/dtP5TEVHLU
US SEC officials push back as Musk's DOGE seeks broad access, source says https://t.co/EiKGaiYWrv https://t.co/SSjmD80dVM
