A federal judge in Washington, DC, refused to prevent government competence management in Illon Musk from accessing US Ministry of Labor data. The ruling came on Saturday after the Labor Union of American labor and industrial organizations (AFL-CIO) filed a lawsuit against Elon.
In her file in court, AFL-CIO He said Elon’s access to work data can lead to conflict of interest by giving him internal information about investigations into his companies (Tesla, Spacex, X and The Poring Company). Judge John Bings reviewed the case and said he was concerned about Elon’s actions, but he ruled that the AFL-CIO had failed to prove that any damage had occurred.
Bates’s decision is a temporary victory for Elon and his mission to reduce costs, but it is a blow to the trade unions. In a press release issued after the verdict, the president of the AFL-CIO Liz Schuller described the ruling as a “setback, but not a defeat”, adding that the union is planning to provide more evidence to the court in efforts to save America from Elon. “
Dig Dig has critics scrambling
According to court documents, the AFL-CIO team claims that the Elon team is seeking secret information about government employees, including submitting employment complaints or participating in safety investigations. The Federation believes that this can display the amounts of violations and give Illon an unfair advantage over competitors who are under investigation by agencies such as OSHA.
Another major concern is the access to Elon to the Bls Statistics Office (BLS) that shows the state of the economy. These reports are very sensitive and can affect both political and business strategies. Critics say Elon may deal with such information to achieve personal gains, although the White House insists that Elon will restore himself from any issue that suffers from a financial conflict.
But Elon is not obligated to the model federal staff. As a “private government employee”, he evades many moral regulations and contradictions. This vulnerability is one of the reasons why the unions are prosecuting, saying that Elon’s position gives it an “unlimited force” on the federal workforce worth 2.2 million members in America.
Meanwhile, in a separate legal battle, another coalition of federal employees and democratic state lawyers is prosecuting the Treasury to prevent Elon from reaching the payment records. This case escalated when Judge Paul Engelyer from New York issued something temporarily blocking Duji from the treasury data.
Engelyer warned that granting Elon and its allies access to payment systems will create a tremendous danger to data violations.
His ruling, which was issued on Saturday morning, ordered all private government employees and political appointed outside the Treasury to destroy any information they may have reached since Trump’s inauguration. Treasury officials agreed not to deliver more data until a hearing of the court scheduled for February 14.
Union, legislators and countries are pushing against Doug
New York Public Prosecutor Leitia James is one of the highest votes that oppose Elon’s operations. She said in a general statement: “We are sacrificing” Rin Donald Trump’s free “gave Elon Musk and Wajj to access the special information of the Americans.” James Illon was accused of arming government data to justify basic services such as education and health care. “This is unacceptable and unlawful,” she added.
Elon once again called the Democratic Party, accusing them of “irrevocable non -democratic tactics.” He referred to the differences in the past, saying: “They prevented Bernie from being the candidate, and they deleted RFK in an unfair manner, and they exchanged Kamala to Biden without analog!
The next session in the Treasury case is scheduled to be held on February 14. Until then, the Elon team remains a temporary closed from the treasury systems, but it maintains access to the Ministry of Labor data.
The liquidity crisis strikes with the depletion of the RRP facility in FED 2.5 trillion dollars
Since all of this happens, the reversal of the Federal Reserve Bank (RRP) dries, creating another headache for Elon. RRP, which helps in managing liquidity in the financial system, lost $ 2.5 trillion in its highest level ever in December 2022, reaching its lowest level in 1,386 days.
Here’s how to do: The Federal Reserve temporarily sells the treasury papers to financial institutions with an agreement to purchase it at a time at a higher price. But now, with the presence of flood bond markets in the United States government to finance its deficit, RRP liquidity quickly dries, according to the latest data from the Federal Reserve.
Over the past 18 months, liquidity from RRP and the United States Treasury has exceeded the public budget for the Federal Reserve coach by $ 417 billion. This means that the bond market is saturated with supply, and the Federal Reserve does not need to pump excess liquidity to maintain the balance of things, but still loses one of its main tools for stability in the market.
The deficit spending is the main problem. The United States has $ 36.2 trillion of debt, and 9.2 trillion dollars will mature or need to be re -funded in 2025. This is 25.4 % of the total debt, a huge burden in the bond market. President Trump Dog launched an attempt to control the situation, with the task of reducing government spending by one billion dollars a day.
If it succeeds, this will save $ 365 billion by January 2026, which reduces the deficit by 20 % in the first year. But there is a reduction of $ 5 billion per day in order to eliminate the complete deficit.
Cryptopolitan Academy: How to write a biography of Web3 that lands – free cheating paper
