Sign up to receive our free weekday morning edition, and you'll never miss a scoop.

There’s been a huge amount of scrutiny and pushback from Democrats since reports that Musk and DOGE had gotten access to the Treasury Department’s internal system.

The Vault

January 12, 2025

Republicans don’t see much to cut among FinReg agencies

Elon Musk isn’t the only one adjusting expectations for how much Republicans will be able to cut from federal spending in the 119th Congress.

Financial policy’s congressional Republicans don’t see a ton of places ripe for big cuts in their jurisdiction. That won’t stop them from trying, of course.

You're seeing a preview of our Premium Policy: The Vault financial services and tax policy coverage. Read the full story by subscribing here.

Already a subscriber? Log In

The Vault Finance + Economy The Vault

Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.