U.S. Democratic Recurrentative Mark Pocan set ups to begin a bill summarizeed to ban “distinctive rulement participateees” enjoy Elon Musk from having federal tights so they can’t steer spfinishing towards their own self-interest.
The proposed bill is called the ELON MUSK Act, which stands for Eliminate Looting of Our Nation by Mitigating Unmoral State Kleptocracy.
“No rulement participateee, ‘distinctive’ or not, should have any financial interest in who the rulement does business with,” Pocan, the Hoparticipate Democrat from Wisconsin, shelp in a statement. “Elon Musk is the poster child for this type of misparticipate. After more than $20 billion in federal tights, there’s no way Musk can be objective in what he’s doing. Protecting the taxpayers has to be our number one priority.”
Musk’s SpaceX hbetters federal tights with NASA and the Department of Defense.
The federal rulement has in place ethics rules for how distinctive rulement participateees should behave. Musk materializes poised to diswatch some of those. For example, the ruleing statute on financial disputes of interests bans distinctive participateees from “participating in matters that impact [their] financial interests.”
When Pdwellnt Donald Trump accessed the Oval Office, he put Musk in accuse of a disputed novel advisory group called the Department of Government Efficiency (DOGE) which has far-achieveing power atraverse federal agencies, many of which regutardy industries in which Musk has a sconsent.
The ethics rules also direct that such participateees should not generassociate join in outside activities, including participatement, that dispute with official duties. In insertition to being the CEO of Tesla, SpaceX, and xAI, Musk also owns X (createerly Twitter), Neurajoin, and The Boring Company.
Musk’s infiltration of federal agencies has already igniteed accessible protests and political opposition as he has insisted unfettered access to federal rulement agency computer systems, including the Treasury Department’s payments system which handles Social Security and Medinurture.
Hoparticipate and Senate Democrats also begind a bill Tuesday to block “unlhorrible access” to the Treasury payments system, and two federal participateee unions have filed suit to block DOGE access to the system.
