Doge employees hold stock in firms set to benefit from cuts, Democrats allege

Elizabeth Warren and others urge investigation over clear conflict of interest and potential criminal violation'

Employees of Elon Musk's department of government efficiency" (Doge) own lucrative stock in companies that stand to directly benefit from their work gutting federal agencies, Democratic senators have alleged.

The potential ethics violations merit an investigation by the justice department and other oversight bodies, urges a letter co-authored by senators Elizabeth Warren of Massachusetts, Ron Wyden of Oregon and Jack Reed of Rhode Island and obtained by the Guardian.