Elon Musk's Department of Government Efficiency reported that federal payments totaling almost $4.7 trillion lack traceable identification codes, significantly hindering traceability.
Effective February 18, DOGE declared the Treasury Access Symbol as a compulsory field to enhance the monitoring of federal payments.
Elon Musk warned that inefficiencies in the U.S. Government payment system could lead to more than $100 billion in annual fraud.
Representative Marjorie Taylor Greene condemned the issue, expressing concern over the lack of traceability in federal payments.