In an exclusive interview with FOX Business' Larry Kudlow, Elon Musk – the face of Tesla, SpaceX and now the Department of Government Efficiency (DOGE) – gave a behind-the-scenes look at how his team operates and identifies alleged spending waste and fraud.
"We look at the president's executive orders, and we also just follow the money," Musk said. "So we started looking closely at USAID because they were completely violating the president's executive orders to suspend foreign aid."
White House Senior Advisor Elon Musk walks to the White House after landing in Marine One on the South Lawn with U.S. President Donald Trump. (Getty Images)
"I think, one of the biggest sources of fraud in the world, is government-funded non-governmental organizations. This is a gigantic fraud loophole where the government can give money to an NGO, and then that there are no controls over that NGO," he continued.
Musk confirmed that the department has "pretty much" gained access to every government agency and its spending data, adding that DOGE is "transparent line-by-line" on what expenditures it intends to slash, as listed on their website.
This is a developing story. Please check back for updates.