Investing

Elon Musk scraps with Chuck Schumer, suggesting the senator profits from government fraud

Business tycoon Elon Musk floated the idea that Senate Minority Leader Chuck Schumer, D-N.Y., is somehow profiting off of government fraud, though the lawmaker has pushed back.

‘Chuck, I’m starting to think you’re getting a piece of the action with the government fraud. But no, that couldn’t possibly be the reason, could it?’ Musk posted early Tuesday morning.

Musk, who has been spearheading the Department of Government Efficiency (DOGE) effort to expose waste, fraud and abuse in the federal government, made the comment in response to a Monday post in which Schumer accused DOGE of ‘sabotaging’ Social Security, Medicare and Medicaid — the post reflected sentiments Schumer had conveyed during a Senate speech.

Schumer fired back in response to Musk’s suggestion he could be benefiting from government fraud.

‘Another Elon lie. He wants you to think anyone who dares to stand up to him is committing fraud, meanwhile he’s taking tens of billions from the government,’ Schumer declared in a post on Tuesday.

Early Tuesday morning, Musk fired off a response to a post in which Schumer suggested that Musk is slashing Social Security benefits.

‘Make no mistake: What Elon Musk is doing at Social Security is cutting benefits,’ Schumer said in a post on Monday, which echoed his speech. 

‘The intern running Schumer’s social media account is lying,’ Musk shot back Tuesday on X.

During the speech, Schumer claimed that ‘Elon Musk is cutting Social Security benefits.’

‘When offices close down, when websites crash, when phone lines shut off, that’s no different than cutting benefits,’ Schumer said.

This post appeared first on FOX NEWS

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