Elon Musk’s Department of Government Efficiency has arrived at the Federal Deposit Insurance Corp. but the team members don’t have access to confidential bank information, according to an internal email.
The FDIC has been “working to identify areas in which we could increase efficiency” and improve internal operations, according to a Thursday all-hands email from Dan Bendler, the agency’s chief operating officer and deputy to acting Chairman Travis Hill.
“A small team from the Department of Government Efficiency (DOGE) is working with us to support these management-led efforts,” the email, obtained by Bloomberg Law, said.
The banking regulator is the ...