Elon Musk, head of the Department of Government Efficiency, will submit a financial disclosure report to the White House, an official said on Tuesday, but it will not be released to the public, The New York Times reports.
The Times notes that the White House is not required to release the financial disclosure report for Musk, the richest person in the world and head of some of the largest companies in the fields of electric vehicles, space exploration, and artificial intelligence, because he is classified as a “special government employee.”
Without an ethics waiver, Musk, like all special government employees and federal employees except for the president and vice president, is required by federal criminal law not to take any action that would directly benefit himself or his family. Several former White House attorneys told the Times that Musk will almost certainly require an ethics waiver, which federal law would require the White House to release, due to his companies’ wide range of government contracts and various federal lawsuits and investigations that remain ongoing.
White House press secretary Karoline Leavitt said during a press conference last week that “if Elon Musk comes across a conflict of interest with the contracts and the funding that DOGE is overseeing, then Elon will excuse himself from those contracts. And he has, again, abided by all applicable laws.”
Theodore Bunker ✉
Theodore Bunker, a Newsmax writer, has more than a decade covering news, media, and politics.
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