The Treasury Department’s Elon Musk man still holds his job as software CEO

this morning, US Treasury Department of Finance Services I received an email announced by Tom Krause, executive of (BFS) software. Elon Musk’s Allies“Appointed to carry out the mandated duties of the Deputy Financial Secretary.” The role was previously occupied by David Rebrick. He resigned after refusing Musk’s so-called Government Efficiency Bureau (DOGE) grants access to sensitive systems within the Ministry of Finance. That’s right Previously reported Klaus, who was called a special government employee, had acquired Lubric’s old position, but the email states that Klaus is “currently the CEO of the Cloud Software Group.”

“Tom brings more than 20 years of experience leading, building and deploying software and technology companies for value and long-term success,” the email reads. “Tom is currently CEO of Cloud Software Group, which manages and operates multiple mission-critical enterprise software businesses.”

In response to a question from Wired, the company’s representative said, “Tom is the CEO of Cloud Software Group,” and last week he wrote a copy of an email sent to an employee of the company, “my duties.” In addition, as CEO of Cloud Software Group, I advise the US Treasury as a “special government employee.” I am honored to serve our country. “Critics believe that maintaining your work in addition to serving in government can be on a massive scale. Conflict of interest.

The Treasury did not immediately respond to requests for comment. Cloud Software Group did not respond to questions about whether Krause continues to withdraw pay from the company during the Treasury Department.

In the affidavit filed yesterday Litigation Krause is a retired American vs. a retired American from the Treasury Department. It consists of several enterprise software businesses. This arrangement has been approved by the Department of Treasury, which has determined that this arrangement is acceptable, based on my role as an SGE.

“We can’t think of another example of this happening, but I think it’s part of a broader pattern of erasing conflicts of interest within the federal government,” said Don Moynihan, a professor of public policy at the University of Michigan. I say it. “Federal employees cannot give more than $25 gifts from people who may be trying to influence their behavior, while their bosses simultaneously run private companies. At the same time, they run a part of the government that affects their business.”

He says the Treasury, in particular, could lead to conflicts of interest across the industry, as it “impacts everything.” And the questionable conflict of interest may not be limited to Klaus’s own company. “We have a network of people coming from Silicon Valley and Corporate America, and that’s what we’re working with,” Moynihan says. “And that’s not just the conflict of interest he may have in his business, but the way he is located to support the wider network that currently operates the government effectively.”