Key payment systems ‘under siege’ by Trump administration, experts warn

Ex-treasury secretaries caution against administration's subversion of checks and balances, specifically Musk

A group of five former US treasury secretaries are warning that the Trump administration has put the country's key payment systems under siege" and is undermining the checks and balances of the federal government.

The secretaries warned that the administration had compromised roles historically given to non-partisan career civil servants and had replaced them with political actors", according to a New York Times op-ed published on Monday. The secretaries specifically called into question Elon Musk's so-called department of government efficiency", or Doge, and the appointees that Musk has installed within agencies, including the treasury department.