Elon Musk is considering appointing former Congressman Ron Paul to lead an audit team within DOGE, with a specific focus on scrutinizing the Federal Reserve.

ELON: RON PAUL SHOULD LEAD A FEDERAL RESERVE AUDIT

Elon has backed the idea of letting Ron Paul—a longtime critic of the Federal Reserve—lead an audit of the central bank.

Paul has long advocated for auditing and abolishing the Fed, arguing it operates without transparency… pic.twitter.com/kfaooo0wzM

— Mario Nawfal (@MarioNawfal) February 8, 2025

Elon Musk Called This Financial News 'Terrifying'

The possibility emerged after a suggestion from X user Liam McCollum, who posted, “DOGE and @elonmusk should let @RonPaul lead a Federal Reserve audit team.”

DOGE and @elonmusk should let @RonPaul lead a Federal Reserve audit team

— Liam McCollum (@MLiamMcCollum) February 8, 2025

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Musk responded directly to the proposal, stating, “Good idea.”

Thanks! And then Donald Trump should consider appointing him as the last Fed chair ever pic.twitter.com/SrARxIhkGr

— Liam McCollum (@MLiamMcCollum) February 8, 2025

Ron Paul, a longtime critic of the Federal Reserve, has been vocal about the need for increased transparency and accountability within the central banking system.

Fifteen years ago:

Throughout his career, he has pushed for audits of the Federal Reserve, arguing that the institution operates without sufficient oversight.

“There is no authority in the constitution authorizing a central bank, which means there should be no federal reserve system,” Paul has stated.

Musk’s potential decision to bring Paul into DOGE’s audit efforts aligns with broader efforts by those in the Trump administration to enhance transparency in government operations and reduce financial waste.

The discussion over a Federal Reserve audit comes amid a legal battle regarding DOGE’s access to the Treasury Department’s payment systems.

NEW: Elon Musk supports Ron Paul leading an audit of The Federal Reserve

WE DESPERATELY NEED THIS

Jerome Powell, Chair of the Federal Reserve, openly admitted to FLOODING our system with money they create out of thin air

“Simply flooded the system with money?”

“Yes, we did,… pic.twitter.com/cLMjnzPdEs

— Wall Street Apes (@WallStreetApes) February 9, 2025

Last week, a federal judge in New York temporarily blocked DOGE from accessing those systems, a move that has drawn scrutiny from critics who argue that federal agencies are resisting oversight efforts.

While Musk’s consideration of Paul for the audit role has sparked discussion, Paul himself has not yet commented on the matter.

The possibility of a Federal Reserve audit led by Paul has drawn both support and criticism, as proponents argue that increased oversight is necessary, while opponents contend that such an effort could disrupt financial stability.

Elon Musk is reportedly considering Ron Paul to lead an audit of the Federal Reserve, stirring discussions on transparency and central bank independence. This could be a pivotal move for government accountability. What are your thoughts on this? pic.twitter.com/aGgLetyRij

— (@pr0ud_americans) February 8, 2025

Musk has not provided further details on what an audit team within DOGE would entail or how it would operate in relation to federal oversight.

The situation remains ongoing, with more developments expected in the coming weeks.

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