Five former Treasury secretaries warned that Trump officials and Elon Musk’s DOGE team may unlawfully undermine U.S. financial commitments. In a New York Times op-ed, they cautioned that selective payment suspensions could damage trust and credibility. The op-ed was written by former Treasury secretaries Rubin, Summers, Geithner, Lew, and Yellen, who served under Democratic presidents Clinton, Obama, and Biden. The Treasury maintains the access is for an operational efficiency review, not blocking payments.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02As former Treasury Secretaries warn that Trump officials and Elon Musk's doge team may be
00:06unlawfully undermining U.S. financial commitments. In a New York Times op-ed,
00:11they cautioned that selective payment suspensions could damage trust and credibility.
00:16The op-ed was written by former Treasury Secretaries Rubin, Summers, Geithner,
00:20Liu and Yellen, who served under Democratic Presidents Clinton, Obama and Biden.
00:25The Treasury maintains that access is for operational efficiency review,
00:30not blocking payments.