Musk Looks at Auditing the Federal Reserve

OXON HILL, Md.—Elon Musk on Thursday offered hints about the work to come, including auditing the Federal Reserve, as his Department of Government Efficiency bulldozes through federal agencies in its effort to identify and implement budget and staffing cuts under authority from President Trump.

Asked if he plans to audit the Federal Reserve, Musk said yes without offering elaboration. He also added fuel to the possibility of giving payouts to the public from some of the budget savings that DOGE identifies. Trump said Wednesday that he was weighing the idea.