Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee and Senator Elizabeth Warren (D-MA), the top Democrat on the Senate Committee on Banking, Housing, and Urban Affairs sent a letter to banking regulators, including the Federal Reserve, Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and National Credit Union Administration, urging the agency heads to reject any unlawful attempts by Elon Musk’s Department of Government Efficiency (DOGE) to gain access to sensitive data belonging to each respective agency as well as the Federal Reserve’s payment systems.

This letter follows the Trump Administration’s recent and unlawful move to grant DOGE unfettered access to the Treasury’s payment systems as well as sensitive data held by the Consumer Financial Protection Bureau, containing a treasure trove of confidential and sensitive information belonging to the American public.

“We write to you deeply concerned by the recent actions of the Trump Administration, particularly Elon Musk’s Department of Government Efficiency (DOGE) gaining access to key payment systems and government databases with sensitive data, including personally identifiable information (PII) of nearly all Americans, as well as confidential supervisory information (CSI) and sensitive business information about competitors to businesses that Elon Musk owns. Early evidence suggests the Trump Administration and DOGE are violating the U.S. Constitution and a variety of laws, so to the extent DOGE or other officials recklessly try to gain access to sensitive data your agencies maintain or inappropriately control payment systems administered by the Fed, we write to urge you to reject such unlawful and inappropriate attempts,” wrote the lawmakers.

The lawmakers request that the agencies promptly notify them if DOGE or other officials seek access to information or payment systems.

See the letter here.

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