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(1184)

    What Really Happens at a Fed Research Conference

    What Really Happens at a Fed Research Conference

    Every year, regional Federal Reserve banks host some of the most substantive — and under-the-radar — events in the central banking world: research conferences. Behind the formal papers and dense macro...

    5 Tammi 41min

    The Business of Butterworth's, the Hottest New Restaurant in Washington DC

    The Business of Butterworth's, the Hottest New Restaurant in Washington DC

    When the Odd Lots team was down in Washington DC earlier this year, we had a phenomenal meal at a restaurant called Butterworth's. As it turns out, the restaurant is one of the hottest hangouts for th...

    2 Tammi 52min

    Tracy and Joe Answer All Your Questions

    Tracy and Joe Answer All Your Questions

    It's that time of the year. On this episode, Tracy and Joe answer questions from listeners that were submitted via voice note. We talk about everything from Chinese history to whales to whether or not...

    1 Tammi 34min

    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

    Suosittua kategoriassa Liike-elämä ja talous

    sijotuskasti
    mimmit-sijoittaa
    rss-rahapodi
    psykopodiaa-podcast
    rss-sisalto-kuntoon
    ostan-asuntoja-podcast
    rss-rahamania
    rss-lahtijat
    rss-sami-miettinen-neuvottelija
    rss-startup-ministerio
    hyva-paha-johtaminen
    lakicast
    rss-seuraava-potilas
    herrasmieshakkerit
    leadcast
    rahapuhetta
    sijoituspodi
    rss-porssipuhetta
    rss-bisnesta-bebeja
    rss-viisas-raha-podi