US Treasury Secretary Scott Bessent said he personally vetted a senior Treasury employee on Elon Musk’s government efficiency team who has read-only access to federal payment data, and that there’s been no “tinkering” with the department’s payment systems.

The Senate confirmed Scott Bessent as Treasury secretary on Monday, elevating the hedge fund manager to the new administration’s top financial job as President Donald Trump forges ahead on an ambitious economic agenda.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill

U.S. Treasury Secretary Scott Bessent was interviewed Thursday by Bloomberg Radio’s Saleha Mohsin in the historic Cash Room in the Treasury Building, which is just a few hundred yards from the White House.

US Treasury Secretary Scott Bessent says Elon Musk and his Department of Government Efficiency team are not "tinkering" with any Treasury or IRS payment systems. He says they are doing important work.

Senate Democrats on Wednesday demanded Treasury Secretary Scott Bessent attend a meeting with the Democratic Caucus “as soon as possible” to answer questions about the Department of Government Efficiency’s (DOGE) access to a sensitive federal payment system.