DOGE cuts could help Elon Musk companies avoid $2 billion in liabilities: Senate report

Memo finds that as of Inauguration Day, Musk and his companies were facing at least 65 “actual or potential” actions from 11 federal agencies. Many of those threats now neutralized:

Elon Musk may skirt more than $2 billion in possible financial liabilities by exercising his influence over the federal government, according to a report Monday from Senate Democratic committee staffers.

Musk’s “Department of Government Efficiency” has brought sweeping changes to Washington with its slash-and-burn campaign to gut agencies and purge the federal workforce. President Donald Trump has avidly supported Musk’s cuts.

As he appears poised to step back from his DOGE work in the coming weeks, Democrats are accusing the world’s richest person of using his influence to “evade oversight, derail investigations, and make litigation disappear whenever he so chooses—on his terms and at his command.”

The report, compiled by Democratic staff of the Senate’s Permanent Subcommittee on Investigations, found that on the day of Trump’s inauguration, Musk and his companies were facing at least 65 “actual or potential” regulatory or enforcement actions from 11 federal agencies.

These actions totaled at least $2.37 billion in potential liability, the memo says.