Doge seeks “insights” into potential waste in the SEC


Government Efficiency (DOGE) continues its efforts to find potentially wasted government spending and seek “insights” from the public. Securities and Trade Commission (seconds).

Founded in the 1930s, the SEC regulates the US stock market.

Sec Seal with American flag behind ITI

Securities and Exchange Commission seal at SEC headquarters. (Photo by Jonathan Ernst/Reuters)

“Doge is looking for support from the public! DM this account and get insight into finding and fixing waste, fraud and abuse related to the Securities and Exchange Commission.” Elon Musk Run The group wrote Monday on X from its “affiliate” account focused on agents.

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The post has received 1.9 million views and over 16,000 likes so far. The mask posted a smiling face emoji in sunglasses accordingly.

The Elon Musk-led group’s appeal to Americans about SEC has been reported by Doge to other federal agencies about “reducing waste, fraud, abuse, useful insights and great ideas.” This is because we are looking for public opinion.

Doge has established “Doge Affiliate” accounts for the US Department of Agriculture, the State Department, NASA and the Social Security Administration. Several other federal agencies.

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President Donald Trump After taking office on January 20th, he used executive orders to form the Doge. He and Musk said the department’s goal is to significantly reduce spending within the federal government and increase efficiency.

Elon Musk and Donald Trump are walking together

President Donald Trump will walk alongside Elon Musk before he sees the launch of SpaceX Starship Rocket in Brownsville, Texas. (Brandon Bell/via Pool/Reuters)

Overall, Doge is trying to cut $2 trillion in government spending, and Musk told Stagwell Inc. CEO Mark Penn earlier last month that he has a “good shot” of $1 trillion.

What are Doge Cuts so far?

“Doge saves about $1 billion a day, primarily by blocking people’s employment in unnecessary positions, stopping removal of DEIs and stopping inappropriate payments to foreign organizations. Everything is consistent with the president’s executive order.” January.

The group says it will soon add a page to its website detailing “explanations/amounts of each cost saving” within the federal government. As of Monday afternoon, the webpage said, “Receipts coming over the weekend!”

Eric Rebel contributed to this report.

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