Musk says he is thinking of auditing the Fed

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February 20, 2025 5:43 PM EST

FILE PHOTO: Elon Musk speaks next to U.S. President Donald Trump (not pictured) in the Oval Office of the White House in Washington, D.C., U.S., February 11, 2025. REUTERS/Kevin Lamarque/File Photo

WASHINGTON (Reuters) - Billionaire Elon Musk said on Thursday he is thinking of auditing the Federal Reserve, after calling for greater scrutiny of the central bank in the past.

Musk made the comment at the Conservative Political Action Conference in National Harbor, Maryland.

Musk's cost-cutting program under the Department of Government Efficiency has swept through federal agencies since Donald Trump began his second term as president last month.

(Reporting by Steve Holland and Nandita Bose in Washington; Editing by Chris Reese)


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