The Treasury Payment System Elon Musk Now Has Access To
Odd Lots5 Helmi 2025

The Treasury Payment System Elon Musk Now Has Access To

Elon Musk and his Department of Government Efficiency (DOGE) have gained access to a unit within the Treasury Department called the Bureau of Fiscal Service. But what does this unit actually do? How critical of a role does it play in the operations of government, and potentially, financial markets? On this episode, we speak with Nathan Tankus, the author of the Notes On The Crises newsletter. He explains both the technical aspect of this office, as well as the legal questions surrounding impoundment and the ability of the executive branch to cut off payments that have been previously authorized by Congress. We also talk about the operational risks and the potential disaster scenario should this system — which has been built in COBOL over decades — go down.

Read More: US Treasury Brings In Two Members From Musk’s DOGE Team

Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — now delivered every weekday — plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots

    See omnystudio.com/listener for privacy information.

    Jaksot(1189)

    Goldman's Hatzius and Snider on the Outlook for 2026

    Goldman's Hatzius and Snider on the Outlook for 2026

    2025 was an extraordinary year, with the real economy defying recession worries and equity markets putting up monster returns. So can this be repeated again in 2026? On this episode, we speak with two...

    29 Joulu 202546min

    Merryn Talks Money: John Law, The Gambler Who Invented Modern Money (Part 1)

    Merryn Talks Money: John Law, The Gambler Who Invented Modern Money (Part 1)

    Hello Odd Lots listeners! As we take a break for the holidays we'd like to take a moment and bring you an episode by one of our sister shows here at Bloomberg Podcasts, Merryn Talks Money. In this sp...

    26 Joulu 202533min

    Scott Kupor's New Plan to Bring Tech Workers Into the Federal Government

    Scott Kupor's New Plan to Bring Tech Workers Into the Federal Government

    If you're a high-skilled tech worker, then potentially huge fortunes await you working for a startup or one of our booming AI giants. But the government needs these types of workers too. And the gover...

    25 Joulu 202559min

    Why Americans Are Falling Behind on Auto Loans At Their Highest Level Ever

    Why Americans Are Falling Behind on Auto Loans At Their Highest Level Ever

    By and large, American households are in a healthy economic position. Yes, unemployment has been rising, but it's still at fairly low levels. Consumer spending has held up well despite terrible sentim...

    22 Joulu 202550min

    The Booming Business of Chinese Peptides

    The Booming Business of Chinese Peptides

    You probably already know someone doing peptides — the amino acids that form the basis of popular new drug treatments like Ozempic and Wegovy. Today there are peptides meant to help with everything fr...

    19 Joulu 202548min

    Meet the Politician the AI Industry Is Trying to Stop

    Meet the Politician the AI Industry Is Trying to Stop

    The politics of AI are already exploding. Whether we're talking about data centers, electricity prices, labor displacement, water consumption, competition with China, or users of chatbots becoming psy...

    18 Joulu 202547min

    MeatEater's Steven Rinella on the Economic History of Hunting

    MeatEater's Steven Rinella on the Economic History of Hunting

    When we think about America’s economic rise, we usually point to agriculture or the industrial revolution. But in the early days of colonization, one of the biggest economic drivers wasn’t crops or fa...

    15 Joulu 202554min

    D.A. Wallach Explains Why Biotech VC Is So Different

    D.A. Wallach Explains Why Biotech VC Is So Different

    Most people think of venture capital as funding software startups or, these days, some new AI tool. But VC also plays a major role in developing new medicines and treatments. That’s the world of D.A. ...

    12 Joulu 202550min

    Suosittua kategoriassa Liike-elämä ja talous

    sijotuskasti
    mimmit-sijoittaa
    rss-rahapodi
    psykopodiaa-podcast
    hyva-paha-johtaminen
    rss-rahamania
    ostan-asuntoja-podcast
    herrasmieshakkerit
    rss-tarkeista-asioista-2
    rss-sami-miettinen-neuvottelija
    rahapuhetta
    rss-lahtijat
    rss-rentotapaus
    rss-sisalto-kuntoon
    rss-seuraava-potilas
    pomojen-suusta
    sijoituspodi
    rss-muutoksenanatomiaa-podcast
    rss-uppoava-vn-laiva
    rss-tyoelaman-timantteja