The billionaire and his DOGE agents were granted full access to the Treasury’s federal payments system, and nobody knows to what end.

Donald Trump bungled Elon Musk’s name once again on Monday. The president accidentally referred to the tech billionaire as “Leon.” Fox News aired the gaffe. It came as Trump signed an executive order to create a sovereign wealth fund and as he fielded a question on why Musk (who is leading the non-official Department of Government Efficiency’s drive to cut public spending) should have access to Treasury Department payment systems.

Tech billionaire Elon Musk said Monday that he and President Donald Trump were in the process of shutting down the USAID, escalating their war on the federal bureaucracy.

I’m gonna have to talk to him about that,’ Donald Trump said on Monday after a reporter asked if the pause in Mexico tariffs was due to a recent Wall Street Journal editorial.

Global markets buckled up for a turbulent session Monday after Trump launched a trade war with sweeping tariffs on Canada, Mexico, and China.

Good morning. Donald Trump’s tariffs unleash market chaos. Elon Musk’s team is halting Treasury payments to US contactors. And Beyoncé and Kendrick Lamar win big at the Grammys. Listen to the day’s top stories.