{"id":623494,"date":"2025-02-02T12:51:05","date_gmt":"2025-02-02T12:51:05","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=623494"},"modified":"2025-02-02T12:51:05","modified_gmt":"2025-02-02T12:51:05","slug":"department-of-government-efficiency-price-plummets-29-as-elon-musks-doge-gains-access-to-treasury-payments-system-and-this-ico-goes-parabolic","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/department-of-government-efficiency-price-plummets-29-as-elon-musks-doge-gains-access-to-treasury-payments-system-and-this-ico-goes-parabolic","title":{"rendered":"Department Of Government Efficiency Price Plummets 29% As Elon Musk’s DOGE Gains Access To Treasury Payments System, And This ICO Goes Parabolic"},"content":{"rendered":"

The Department of Government Efficiency price plummeted 29% in the last 24 hours to trade at $0.0517 as of 9:16 p.m. EST on trading volume that plunged 22% to $4.8 million.<\/span><\/p>\n

The DOGE price slump came as the New York Times reported that Treasury Secretary Scott Bessent gave Elon Musk’s Department of Government Efficiency (DOGE) access to the federal payment system on Friday.<\/span><\/p>\n

The development followed a dispute over access to the payment system with Treasury’s David Lebryk, who the newspaper reported had been put on leave and suddenly retired from the department.<\/p>\n

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BREAKING: Sources tell Sen. @RonWyden<\/a>'s office that Treasury Sec'y Bessent has granted DOGE *full* access to the Treasury Payments system. SS and Medicare benefits, grants, payments to government contractors, including those that compete directly with Musk's own companies. https:\/\/t.co\/7PQ2xMX5qq<\/a><\/p>\n

— Resolute Square (@ResoluteSquare) February 1, 2025<\/a><\/p><\/blockquote>\n