Mari Galvan
@atxnina75.bsky.social
Reposted by Mari Galvan
Fed source to me: “It’s like a bank heist and the bank is America. Not really being hyperbolic to say control of those systems would allow an extremely fast collapse of the economy. Imagine it’s a plumbing system and someone takes a sledgehammer to the central pipe.”
Senior U.S. official to exit after rift with Musk allies over payment system
A top Treasury career staffer is expected to depart. Surrogates of Musk’s DOGE effort had sought access to sensitive payment systems.
www.washingtonpost.com
January 31, 2025 at 1:41 PM
Fed source to me: “It’s like a bank heist and the bank is America. Not really being hyperbolic to say control of those systems would allow an extremely fast collapse of the economy. Imagine it’s a plumbing system and someone takes a sledgehammer to the central pipe.”