Warren, Whitehouse, Waters Lead Probe into Elon Musk’s Potential Involvement in Gutting National Security Law

March 31, 2026: On Monday, Congresswoman Maxine Waters (D-CA), the Ranking Member of the House Financial Services Committee, along with U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee; and  Senator Sheldon Whitehouse (D-RI ), Co-Chair of the Senate Caucus on International Narcotics Control sent a letter to Scott Bessent, Secretary of the Treasury, raising questions about the extent of Elon Musk’s role in the Treasury Department decision to limit key requirements of the bipartisan Corporate Transparency Act (CTA). The lawmakers expressed particular concern given new reporting that Mr. Musk uses a network of dozens of secretive companies that are potentially the same type of entities that would be subject to the law’s transparency requirements.  (See Wall Street On Parade’s previous reporting on Elon’s Musk’s threat to national security: The U.S. Government Is Plowing Billions into SpaceX, Overlooking Drug Use, Sex Parties, and Elon Musk’s Coziness with Putin.)   “(N)ew reporting has revealed … Continue reading →

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