Elon Musk's DOGE is executing a historically dangerous data breach
We don't yet know how much, if any, damage has already been done to American taxpayers and businesses. But perhaps, at a minimum, this judicial order will prevent further harm. The parties were ordered to return to court Friday for a full hearing on a preliminary injunction to prevent this information from being accessed again. In other words, Americans will have their day in court before this information is shared again, and it's possible the American people will receive the same legal protections that President Donald Trump was afforded when his own financial records were subject to review by law enforcement and elected officials. He strenuously resisted these efforts and received full due process rights in cases that dragged out for years before those officials gained access to such records.
During his first term, Trump was the subject of several investigations with his personal financial records at their center. Both then-Manhattan District Attorney Cyrus Vance Jr. and several committees in Congress issued subpoenas to him and several financial institutions for such records. Trump sued to stop those efforts, taking the cases to the U.S. Supreme Court. After several years of litigation, the courts concluded that the subpoenas were lawful and legitimate and that Trump and his business associates had to comply with them. Congressional committees ultimately released redacted versions of some of Trump's financial filings, making sure to protect sensitive data like his social security number or bank account information.
In other words, Trump had many days in court before his right to privacy was infringed, and such infringement occurred only to the extent permitted by law, under close review by the courts.
Contrast that with what's happening now, when unvetted individuals working for a 'department' that doesn't officially exist have gained access to the private financial information of hundreds of millions of American taxpayers and businesses. Veterans, retirees, taxpayers, you name it, had such rights swept away by DOGE mercenaries in an instant, with no court review, with no justification, without any consideration for due process rights. And we don't know the full extent of the release of this information, who has access to it, what their designs on it are and whether they intend to sell it to other companies or even foreign countries, even when it appears some of this information may have been fed into a computer program, driven by artificial intelligence, to help DOGE identify potential cuts.
Every American individual and business should be concerned by this breach, which was carried out by private actors operating under the direction of the world's wealthiest man, who just happens to have designs on creating a payments platform within a social media platform he owns. Just as concerning, given Musk's billions of dollars in government contracts, such information could be used to gain an advantage over business competitors, to stop payments going to political rivals of the president or just to make people's lives miserable.
Even if no one on the DOGE team has already exploited this extracted information in any way, there is a harm to Americans knowing that someone, somewhere, most likely operating outside the law knows their private financial information — like Social Security numbers and private banking information like routing and account numbers — and maybe a lot more. We also do not know if they have the ability to halt payments to individuals and businesses who rely on government support for things like their federal pensions, Social Security payments and disability assistance, as well as the contracts to provide important services to the government and the American people.
What we do know, however, is that many of those making the decisions will be unqualified teenagers and early twentysomethings deployed by Musk to oversee spending affecting every American.
And all of this seems to be taking place in an environment where a select number of individuals and favored entities can not only extract this information but also exploit it. This should worry every individual American taxpayer, who might wake up one day to find bank accounts frozen or drained or the lifeline of retirement or veterans' benefits halted, perhaps just because of a computer glitch caused by individuals with little experience with government processes or systems.
By allowing this staggering and unprecedented breach of financial privacy, the Trump administration has already set itself on a course where individuals and businesses aren't free to organize their lives under principles of fair competition and equality; instead, there is a grave risk that these extractive practices will harm not just economic rights, but political rights, as well.
The right to privacy Americans have come to expect started in English common law, through the British case of Wilkes v. Wood in the mid-18th century. There, the courts in England found that it was illegal for royal functionaries to raid the offices and homes of members of Parliament who, it was feared, might oppose the policies of the crown. The colonists were well aware of the outcome of this case, and it helped to inform the arguments that would emerge against the Stamp Act and served as inspiration for the Declaration of Independence and would ultimately find its way into the Fourth Amendment to the Constitution protecting against unlawful searches and seizures, so that Americans would be secure in their 'person, houses, papers and effects.'
Today, a relatively strong body of laws has emerged to protect our private information from intrusion, extraction and abuse, even when the government has access to it in the first place. Despite those protections, still untold millions of Americans were denied those same privacy and due process rights President (and then citizen) Trump enjoyed when he challenged — albeit unsuccessfully — the sharing of his own personal financial information pursuant to what were ultimately determined to have been lawful congressional and state law enforcement investigations. Still, during the course of that litigation, the information wasn't shared with government officials until Trump's unsuccessful lawsuits worked their way through the courts.
In the DOGE incursion into the Treasury's records, no Americans were afforded such rights. But perhaps now they will have their day in court.
All Americans deserve answers about the scope of the release of this information: who had access to it, what their designs on it might be, whether they have exploited it for private gain in any way and whether they have passed it along to other entities, individuals or governments. In mid-January, the Supreme Court ruled that Congress had a legitimate government interest in being concerned about the Chinese company that owns TikTok's gathering data on American users of that platform. Now, such intrusion into our most sensitive data is happening by individuals purporting to act for the president.
At least one court appears to have halted this practice, for now, and has sought to put the genie back in the bottle by ordering any copies of such information destroyed. Congress, too, must step in immediately to investigate the scope of the harm and demand answers and do so with the same subpoena power it wielded before in investigating Trump's own financial dealings. This is necessary to protect the American people and businesses from this seemingly lawless abuse of privacy and due process and to understand the damage already done.
This article was originally published on MSNBC.com
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
3 minutes ago
- Yahoo
Here's Why We Think Serabi Gold (LON:SRB) Is Well Worth Watching
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. Unfortunately, these high risk investments often have little probability of ever paying off, and many investors pay a price to learn their lesson. Loss making companies can act like a sponge for capital - so investors should be cautious that they're not throwing good money after bad. In contrast to all that, many investors prefer to focus on companies like Serabi Gold (LON:SRB), which has not only revenues, but also profits. While this doesn't necessarily speak to whether it's undervalued, the profitability of the business is enough to warrant some appreciation - especially if its growing. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. How Quickly Is Serabi Gold Increasing Earnings Per Share? The market is a voting machine in the short term, but a weighing machine in the long term, so you'd expect share price to follow earnings per share (EPS) outcomes eventually. That makes EPS growth an attractive quality for any company. Recognition must be given to the that Serabi Gold has grown EPS by 49% per year, over the last three years. That sort of growth rarely ever lasts long, but it is well worth paying attention to when it happens. Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. Serabi Gold shareholders can take confidence from the fact that EBIT margins are up from 7.0% to 38%, and revenue is growing. Ticking those two boxes is a good sign of growth, in our book. In the chart below, you can see how the company has grown earnings and revenue, over time. Click on the chart to see the exact numbers. View our latest analysis for Serabi Gold While we live in the present moment, there's little doubt that the future matters most in the investment decision process. So why not check this interactive chart depicting future EPS estimates, for Serabi Gold? Are Serabi Gold Insiders Aligned With All Shareholders? Insider interest in a company always sparks a bit of intrigue and many investors are on the lookout for companies where insiders are putting their money where their mouth is. That's because insider buying often indicates that those closest to the company have confidence that the share price will perform well. However, insiders are sometimes wrong, and we don't know the exact thinking behind their acquisitions. Belief in the company remains high for insiders as there hasn't been a single share sold by the management or company board members. But the real excitement comes from the US$76k that CEO & Executive Director Michael Hodgson spent buying shares (at an average price of about US$1.69). It seems at least one insider has seen potential in the company's future - and they're willing to put money on the line. Does Serabi Gold Deserve A Spot On Your Watchlist? Serabi Gold's earnings per share growth have been climbing higher at an appreciable rate. Most growth-seeking investors will find it hard to ignore that sort of explosive EPS growth. And indeed, it could be a sign that the business is at an inflection point. If this these factors intrigue you, then an addition of Serabi Gold to your watchlist won't go amiss. While we've looked at the quality of the earnings, we haven't yet done any work to value the stock. So if you like to buy cheap, you may want to check if Serabi Gold is trading on a high P/E or a low P/E, relative to its industry. The good news is that Serabi Gold is not the only stock with insider buying. Here's a list of small cap, undervalued companies in GB with insider buying in the last three months! Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 minutes ago
- Yahoo
Trump says he 'had to' move nuclear submarines after 'threat'
STORY: :: Trump says he 'had to' move nuclear submarines after a 'threat' from Russian ex-leader Dmitry Medvedev :: August 1, 2025 :: Washington, D.C. Security analysts called Trump's move a rhetorical escalation with Moscow, but not necessarily a military one, given that the United States already has nuclear-powered submarines that are deployed and capable of striking Russia. Medvedev on Thursday said Trump should remember that Moscow possessed Soviet-era nuclear strike capabilities of last resort, after Trump had told Medvedev to "watch his words." He did not specify what he meant by "nuclear submarines." Submarines may be nuclear-powered, or armed with nuclear missiles. It is extremely rare for the U.S. military to discuss the deployment and location of U.S. submarines given their sensitive mission in nuclear deterrence. The U.S. Navy declined comment. The Pentagon did not immediately respond to a request for comment.


Buzz Feed
4 minutes ago
- Buzz Feed
44 Fascinating Historical Photos
It's honestly so cool to see these parents marching in a pride parade in it also makes me sad that it's been 50 years and queer people are still facing so much prejudice. TIL that Theodore Roosevelt's first wife and mother died on the same day, which was just days after the birth of his eldest child (the indomitable Alice, who, if you have not read should). He wrote this in his journal shortly afterward, and it's genuinely heartbreaking. In contrast, this letter from Teddy Roosevelt after he was called a drunk is kind of hilarious. Someone remind me what the medicinal purposes of brandy are? These 1939 predictions about what fashion would look like in 2000 are also funny to see now. TBH, you probably could buy a version of those shoes in 2000, though I don't know how comfortable they'd be. This photo of American soldiers playing video games at Saddam Hussein's former palace in 2003 — while troops were still looking for Hussein — is genuinely wild. It's also kind of mind-blowing to see what a first-class room looked like on the Titanic. Honestly? I expected nicer. This ad for a journey on the Titanic – back to the UK from NYC — is eerie to look at now. Obviously, it's a journey the ship would never complete. And this letter from survivor Charlotte Collyer is super, super sad. I bet you never learned about this in school — in 1964, Martin Luther King, Jr. received the following letter, along with a tape of his alleged sexual activity. It reads like blackmail from a prior supporter, but King believed it was from the FBI — and it was eventually revealed that it was. The full text of the letter, except for one redacted name, was released in 2014, and you can read it below. Why was the FBI so concerned about King, you ask? Because they were worried he would endorse communism. Right-wing groups thus put up billboards like this during the Selma march as propaganda meant to make him lose supporters. This is the gun used to kill Abraham Lincoln. In case you forgot, Lincoln was watching a performance of the comedy Our American Cousin at Ford's Theater with his wife, an officer, and the officer's fiancé. You may not know, however, that the plan was to wipe out the vice president, Andrew Johnson, and the secretary of state, William Henry Seward, as well. Seward actually had his throat slashed, but survived. It's kind of wild that this copy of the Magna Carta from 1305 still exists. But not as mind-blowing as these 1800-year-old Roman leather sandals. This news headline from 1933 did NOT age well. Neither did this 1939 newspaper caption. Or this 1914 article. To refresh your memory, the archduke's assassination is largely regarded as the event that jump-started WWI. Oh, and here's a photo of good ol' Franz and his wife just moments before they were assassinated. Ever wonder when the first-ever selfie was? It's way further back than I thought — Robert Cornelius took one in 1839. This leaflet for Black American soldiers during the Korean War is wildly fascinating to read — and made great points, tbh. This handbook from WWI, translating important wartime phrases like "Run for your life!" or "we are losing," to me. TIL about the first cat who went into space. Her name was Félicette, and she was a French stray who was flown in the rocket Veronique in 1964. She made it back safely and to this day is the only cat to have gone to space. Another fun fact? In Sweden, cars used to drive on the left side of the road. But in 1967, they switched to the right — leading to absolute chaos, as you can see below. New York to Paris is a common flight now, but back in the early 1900s, it was unheard of — until Charles Lindbergh made the (solo!) journey in 1927. His airplane looked just a *bit* different than the ones we use today. Speaking of Charles Lindbergh, his son was kidnapped and later found dead in 1932, and the case is fascinating to read about. The kidnapper exchanged multiple notes with the Lindberghs and their liaison, John Condon, who even apparently met with the kidnapper in a graveyard. Here's one of the notes. And speaking of planes, check out this flight price from 1946. Of course, this would be $241.38 in today's dollars. Here's what British passports used to look like, in case you wanted to pop over to another country in 1858. During WWII, British people all had to carry these National Registration Identity Cards at all times — even children. If they were separated during bombing or for any other reason, this could assist with reunification. It would also assist with rationing food. And here's what a WWII ration book looked like. Modern psych wards are a far cry from what were called "lunatic asylums" back in the day. People could be admitted for a ton of different reasons, many of them completely unrelated to psychological conditions — you can read some of them, from the late 1800s, below. Here's what the NYC subway looked like in 1961 — honestly, it doesn't look as different as I would've expected! And here's what it looked like in 1987. This is what a Japanese tram looked like after the atomic bomb was dropped on Hiroshima — next to a restored version. And here's a larger-scale photo of the bomb's destruction in Hiroshima. Here's Colonel Paul Tibbets, who flew Enola Gay, which dropped the bomb. WW2 doesn't seem all that long ago when you look at graffiti left by soldiers. Speaking of WWII, check out these propaganda posters reminding Americans of their allies in the feels ironic, considering how the US would feel about Russia and China very shortly afterward. This letter sent home from a soldier in Vietnam just made me really, really sad. I definitely do not remember learning about the Mormon War from 1857 in school. Basically, then-President James Buchanan sent troops to quell rebellion in Utah, where tensions were already high between Mormons and both Protestants and the government. The Mormons took up arms and fought back in their own namely, involved killing around 120 people traveling via wagons to move out west. They attacked the migrants, then offered them safe passage out, only to execute everyone over the age of seven and blame it on the nearby Native Americans. This was called the Mountain Meadows Massacre. Militia Leader John D. Lee was eventually excommunicated and executed for his actions — here you can see him sitting on his coffin just before being killed. I'm always fascinated by old beauty trends, and it turns out that there were some wildly dangerous beauty trends back in the day. For example, people used to use products with arsenic in them. There were also makeup and hair products that contained radium and other radioactive elements. Old-school medicine also used to be pretty darn dangerous. For example, heroin was used as a cough suppressant. And people could be prescribed cocaine. Speaking of medicine and health, X-rays have been around a lot longer than I realized — since 1896. Here's what it looked like to get one back in 1914. And finally, this sign is a fascinating reminder of just how far we've come. Back in the day, people had to be instructed how to use electricity — and assured it was safe.