Elon Musk’s Government Efficiency Team Raises Concerns About SEC Data Access

Rep Maxine Waters has voiced growing concern over Elon Musk’s ‘government efficiency’ team, specifically regarding potential access to sensitive data and systems at the Securities and Exchange Commission (SEC). Waters, top Democrat on the US House Financial Services Committee, echoed previous warnings in a letter sent to acting SEC Chair Mark Uyeda. Her concerns relate to the Musk-led Department of Government Efficiency (DOGE) potentially gaining access to confidential information from the SEC. This raises questions about potential conflicts of interest for investors and market stability.