
White House looks into rogue employee who used a DOGE account to DM anti-Musk activist
James Fishback, the anti-DEI investor who recently launched FSD PAC — a super PAC aimed at blunting Musk's political ambitions — received a direct message on X from the official DOGE Veterans Affairs account.
'James - we need to talk. Your recent behavior has crossed some serious lines. That's why we rejected your DOGE application in the first place. Let's step your game up. This is embarrassing,' read the message, reviewed by POLITICO.
Fishback said he never applied to work at DOGE. Fishback advised Vivek Ramaswamy on DOGE while Ramaswamy was still involved, and conceived of the 'DOGE dividend check' plan, which President Donald Trump and Musk both embraced.
The person who sent the message no longer works for the VA, the White House official said, adding that the White House is confident that everyone working in the administration is part of the same team. If that is found not to be the case, that person said, repercussions will follow.
'The president's mission is to make sure the goal of cutting waste fraud and abuse is successful and continues,' said White House spokesperson Harrison Fields. 'The American people elected him to be a better steward of taxpayer dollars, and every agency and department is working seamlessly to execute the president's campaign promise.'
This is the only known example of a Musk loyalist going rogue and acting at odds with Trump's and the GOP's agenda, but the incident comes at a delicate moment as the administration is grappling with how to manage DOGE's influence now that Musk has turned into a Trump adversary.
The White House's Presidential Personnel Office has made loyalty a cornerstone of its hiring strategy, scouring social media accounts and grilling applicants about their Trump bona fides. But DOGE hires, selected through a separate Musk-led process, didn't undergo the same level of scrutiny, according to a Trump official granted anonymity to describe the process.
Musk announced last week that he is forming a new political party, the America Party, with plans to pour financial resources into two or three Senate races and as many as 10 House contests. 'Given the razor-thin legislative margins, that would be enough to serve as the deciding vote on contentious laws, ensuring that they serve the true will of the people,' Musk said Friday.
Trump quickly fired back.
'Saddened to watch Elon Musk go completely 'off the rails,' essentially becoming a TRAIN WRECK over the past five weeks,' he posted on Truth Social over the weekend. Trump has also threatened to turn DOGE against Musk, though it is unclear how much control he has over the network of employees who signed up to work for the tech mogul.
The DOGE VA account that messaged Fishback has no public posts aside from a single reply in February, when it engaged an X user about improving veterans' health care. The message questioned whether opening new VA hospitals was the right solution but acknowledged that more could be done to serve veterans despite the VA being the nation's largest health system.
The VA-linked account is one of several DOGE-branded X accounts, including @DOGE_USDA and @DOGE_SSA that have remained mostly dormant. The most active social accounts promoting DOGE activities, aside from the main handle, are tied to the General Services Administration and the Office of Personnel Management — two agencies that remain DOGE strongholds.
GSA is led by Acting Administrator Stephen Ehikian, and Josh Gruenbaum serves as Commissioner of the Federal Acquisition Service within GSA. Charles Ezell serves as Acting Director of OPM. Both agencies, each stacked with dozens of DOGE employees, have been reoriented since the start of Trump's second term to implement DOGE's agenda. According to the New York Times' DOGE tracker, seven DOGE employees have ties to the Department of Veterans Affairs.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
33 minutes ago
- Yahoo
Inflation data, big bank earnings, and Netflix results: What to watch this week
Stocks are back near record highs, but a flurry of trade announcements, deals, and extensions kept investors on their toes last week. In the week ahead, a busier economic and earnings calendar will offer them more to chew on. Inflation data out Tuesday morning will set the economic agenda for the week. The Consumer Price Index (CPI) will be a key data point for investors and policymakers to weigh, with the Federal Reserve's next interest rate decision looming less than two weeks away. On the earnings side, all the major US banks will report results this week, with renewed investor enthusiasm about the IPO and M&A markets, along with Wells Fargo's (WFC) freedom from a decade of more stringent regulatory restrictions, likely to feature. Results from Netflix (NFLX) will kick off earnings from big US tech firms, with ASML (ASML) and Taiwan Semiconductor Manufacturing (TSM) set to offer key updates on the AI-related chip boom. PepsiCo (PEP), United (UAL), and American Express (AXP) are among the other notable firms set to release their quarterly results. Data from FactSet published July 3 showed analysts are coming into second quarter earnings season expecting 5% earnings growth for the S&P 500 (^GSPC). Should this forecast come through, it will mark the slowest pace of profit growth since the fourth quarter of 2023. The second quarter includes the peak of tariff-related uncertainty — Trump's shocking "Liberation Day" announcement took place on the second day of the quarter. But the market's recent rally suggests the backward-looking set of results companies will roll out in the weeks ahead have already been discounted. In the third quarter, analysts are expecting earnings will grow 7.3% over last year. Full-year profit growth is expected to clock in at 9%, according to FactSet data. In 2026, earnings should grow 13.9%, according to analyst forecasts. Second quarter earnings, then, appear set to reflect the trough of corporate America's mini-cycle of panic, acceptance, then relief around Trump's tariff goals, the whole of which took about five weeks in April and May. This week, as Trump again rolled out tariff announcements that left some of America's trading partners surprised, investors largely took the news in stride. The worst, it seems, is past us. New tariffs announced on Canada late Thursday and Trump's decision to float higher blanket tariffs on all US imports contained echoes of the headlines that shook markets earlier this year. This time, the reverb barely disrupted the market's rhythm. Read more: What Trump's tariffs mean for the economy and your wallet As the president himself told NBC News last week, "I think the tariffs have been very well received. The stock market hit a new high [on Thursday]." And the S&P 500 fell just 0.33% from its record on Friday. With investors — and the president — waiting with bated breath for the Federal Reserve to begin cutting interest rates, Tuesday's inflation data isn't likely to accelerate the central bank's urgency. Wall Street economists expect to see inflation move further from the Fed's goals, with "core" consumer prices, which exclude food and gas and are more closely watched by the Fed, set to rise 2.9% over the prior year in June. On a monthly basis, both "core" and headline inflation is set to rise 0.3%. Read more: How jobs, inflation, and the Fed are all related "Inflation data in line with our forecasts will keep the Federal Reserve on the sidelines as it assesses the impact of tariffs on inflation, which is only starting to come into view," wrote economists at Oxford Economics in a client note on Friday. The firm also noted the disinflationary benefit of lower oil prices that followed the onset of tariffs in the spring is rolling off the books. All of which, in Oxford's view, likely keeps the Fed on the sidelines at least through the summer. Data from the CME Group as of Friday showed traders were pricing in just a 4.7% chance the Fed cuts rates later this month. A month ago, those odds were closer to 20%. Trump, however, has remained consistent in his calls for lower rates, telling reporters this week he thinks Fed Chair Jerome Powell should resign immediately. The challenge, for both Trump and the Fed, is that tariff policy only complicates the rate picture. "The tariffs announced this week would raise the effective rate by around 2 [percentage points]," wrote Bank of America economist Aditya Bhave in a client note Friday. "Based on the composition of imports over the last 12 months, the effective rate would rise to nearly 14%. In other words, there are upside risks to our base case that the effective tariffs will settle at around 10%." And although Bhave notes there appears room for tariff rates to be negotiated down, this policy uncertainty makes it harder for the Fed to cut interest rates. "Chair Powell has repeatedly argued that the Fed wants greater clarity on the impact of policy changes before making its next move," Bhave added. "Such clarity might not be forthcoming if there are risks of additional meaningful changes to the tariff regime." This year's stock market volatility has created an ample — if not quite equal — amount of volatility in Wall Street forecasts on where the market will finish the year. Last week offered the latest case in point. Strategists at both Goldman Sachs and Bank of America raised their price targets on the S&P 500 in notes this week, with Goldman raising its year-end target to 6,600 and BofA putting a 6,300 forecast on where the benchmark index will close this year. The firms had been looking for the index to settle at 6,100 and 5,600, respectively, ahead of these revisions. The S&P 500 closed on Friday at 6,259. In a note to clients published Tuesday, Bank of America's head of US equity strategy, Savita Subramanian, cited "Corporate America Exceptionalism" as a driving force in revising the outlook for stocks higher. In essence, the S&P 500 is now constituted by businesses with stronger earnings profiles that are better able to weather the uncertainty of tariffs and which are, ultimately, less sensitive to the economic cycle. All of which bolsters the case for earnings growth to remain strong. In the second quarter, the Communication Services (XLC) and Technology (XLK) sectors are expected to grow earnings by 29.5% and 16.6%, respectively. These sectors house five of the "Magnificent Seven" names — Amazon (AMZN) and Tesla (TSLA) are in the Consumer Discretionary (XLY) sector — and are at the center of the AI trade. Only Utilities (XLU), another sector that's been a surprise AI beneficiary with power demand surging as data centers are built out, is expected to grow earnings at a rate equal to or better than the overall index; both Utilities and the S&P 500 as a whole are forecast to grow earnings 5% in the second quarter. And over the long term, the most important driver of stock prices is earnings growth. Goldman Sachs' chief US equity strategist David Kostin made a similar point, writing that the firm expects "the digestion of tariffs to be a gradual process, and large-cap companies appear to have some buffer from inventories ahead of the increase in tariff rates." The firm added that S&P 500 companies appeared to enter the second quarter with a good inventory buffer, and that earnings call commentary "shows S&P 500 firms plan to use a combination of cost savings, supplier adjustments, and pricing to offset the impact of tariffs." An outgrowth, no doubt, of corporates being more prepared for Trump's tariff-motivated fiscal policy the second time around. But it is the composition of the S&P 500 itself — an index now dominated by a handful of tech-adjacent giants — that ultimately buffers investors from much of the tariff turmoil. Earnings: No major earnings reports set for release. Economic data: No major economic data set for release. Earnings: JPMorgan (JPM), Citi (C), Wells Fargo (WFC), BlackRock (BLK), State Street (STT), Bank of New York Mellon (BK), Albertsons (ACI), JB Hunt (JBHT) Economic data: Consumer Price Index, month-over-month, June (+0.3% expected, +0.1% previously); Consumer Price Index, year-over-year, June (+2.6% expected, +2.4% previously); "core" Consumer Price Index, month-over-month, June (+0.3% expected, +0.1% previously); "core" Consumer Price Index, year-over-year, June (+2.9% expected; +2.8% previously); NY Fed Empire State Manufacturing index, July (-9 expected, -16 previously) Earnings: Bank of America (BAC), Goldman Sachs (GS), Morgan Stanley (MS), PNC Financial (PNC), Johnson & Johnson (JNJ), United Airlines (UAL), ASML (ASML), Progressive (PGR), Alcoa (AA), Kinder Morgan (KMI) Economic data: Producer price index, month-over-month, June (+0.3% expected, +0.1% previously); Producer price index, year-over-year, June (+2.5% expected, +2.6% previously); "Core" producer price index, month-over-month, June (+0.2% expected, +0.1% previously); "Core" producer price index, year-over-year, June (+2.7% expected; +3% previously); Industrial production, June (+0.1% expected, -0.2% previously); Federal Reserve Beige Book Earnings: Netflix (NFLX), Taiwan Semiconductor Manufacturing (TSM), PepsiCo (PEP), US Bancorp (USB), Abbott (ABT), Cintas (CTAS), Interactive Brokers (IBKR) Economic data: Retail sales, June, month-over-month (+0.1% expected, -0.9% previously); Retail sales, ex-auto and gas, June (+0.3% expected, -0.1% previously); Import price index, June (+0.2% expected, +0% previously); Initial jobless claims, week ended July 12 (235,000 expected, 227,000 previously); Philly Fed Manufacturing Index, July (-0.5 expected, -4 previously); Homebuilder sentiment, July (33 expected, 32 previously) Earnings: 3M (MMM), American Express (AXP), Charles Schwab (SCHW), Ally (ALLY), Truist (TFC), Regions Financial (RF), Huntington Bancshares (HBAN) Economic data: Housing starts, June (+3.5% expected, -9.8% previously); Building permits, June (-0.3% expected, -2% previously); University of Michigan consumer sentiment, July, preliminary reading (61.5 expected, 60.7 previously) Click here for in-depth analysis of the latest stock market news and events moving stock prices
Yahoo
34 minutes ago
- Yahoo
Here are the 7 top habits of ‘quietly wealthy' Americans — how many do you follow?
The millionaire next door simply doesn't make headlines. He or she has probably built their fortune in a mundane and boring way and lives an equally understated lifestyle. These are the 'stealthy wealthy' and their habits hold powerful lessons for anyone serious about financial freedom. Here are the top seven habits you could replicate to boost your financial position or peace of mind. I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it The cardinal rule of the stealthy wealthy is to conceal your fortune (or at least not flaunt it) so that you can enjoy it in complete privacy. That means no flashy toys or glamorous status symbols that call your wealth to attention. A quietly rich person isn't likely to buy a Gucci belt or Birkin handbag. In fact, it's the middle class consumers, presumably trying to signal their affluence, who account for more than half of all global luxury brand sales, according to the Wall Street Journal. Put simply, you don't need to prove your wealth to anyone if you already have plenty of it. Avoid the status symbols and shop based on value and durability instead. Contrary to the stereotype, millionaires and multimillionaires are not all driving around in Aston Martins or Bugattis. In fact, Dave Ramsey's survey of millionaires across America found that the top three most popular brands were Toyota, Honda, and Ford. Picking a practical and relatively inexpensive car is perhaps the best way to retain your fortune rather than burning it off through a sports car's tailpipe. Making decisions in the most tax-efficient way is how most wealthy people retain their fortune and continue to expand it. Although your tax situation might be very different from someone with a seven- or eight-figure net worth, that doesn't mean you can afford to neglect tax planning. Take a page out of the stealthy wealthy playbook and hire the best accountants and tax planners to help you minimize your liabilities. Read more: Americans are 'revenge saving' to survive — but millions only get a measly 1% on their savings. A survey by Northwestern Mutual found that a whopping 84% of wealthy individuals had a financial plan, compared to just 52% for the general public. In other words, rich people are simply more intentional with their saving and spending. Adopting this proactive approach means telling your money what to do instead of helplessly reacting to the amount of money left in your account after you're done spending. Start with a budget and update it frequently as you make progress on your financial journey. Stealth wealth is rooted in a deep respect for privacy. By keeping your finances discreet, you not only protect yourself from fraud and financial crimes, but also improve your chances of securing better deals and avoiding tension in personal relationships because 'you can afford it.' The stealthy wealthy, according to the Wall Street Journal, were most likely to make their fortunes in relatively overlooked and mundane niches of the economy. Think cup holder manufacturers, commercial carpet cleaning or industrial appliance maintenance. Put simply, most successful entrepreneurs and investors are not chasing the latest hype cycle and are instead focused on lucrative, always-on industries with sparse competition. If you're trying to build wealth too, stop trying to build a billion-dollar AI tech startup and focus on something more practical and mundane. A single source of income, perhaps from your full-time job, is rarely sufficient to build wealth — especially these days. To reach the top you need a diversified pool of multiple income sources. Consider a side gig to boost your income and invest in passive income opportunities such as real estate or dividend stocks to get your financial goals faster. This tiny hot Costco item has skyrocketed 74% in price in under 2 years — but now the retail giant is restricting purchases. Here's how to buy the coveted asset in bulk Here are the 6 levels of wealth for retirement-age Americans — are you near the top or bottom of the pyramid? Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Money doesn't have to be complicated — sign up for the free Moneywise newsletter for actionable finance tips and news you can use. This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
Yahoo
43 minutes ago
- Yahoo
One specialty license plate earned nearly 30% of Utah's license plate revenue in two years — Can you guess which one?
SALT LAKE CITY () — How much do those specialized license plates earn for the Beehive State? The answer might surprise you, especially when you learn that one license plate earned nearly 30% of the total revenue — can you guess which one? (OSA) put together a report on the earnings from the Special Group License Plate program over a five-year period that ended on June 30, 2024. The OSA found that special license plates' revenue totaled over $15 million during those five years. The majority of the revenue came from state agency license plates, including the black and white historic plate, Utah Division of Wildlife Resources (DWR) plates, and veteran plates. The total revenue for state agency plates came out to more than $7.7 million. READ NEXT: Over 1K Utah vanity plates were denied in 2024 — Here's why Collegiate license plates weren't too far behind in earnings for the state. Overall, license plates that featured Utah's colleges and universities generated over $5.4 million during a five-year period. The category of license plates that produced the least overall revenue was private non-profit plates. You might recognize the Boy Scouts, Utah Jazz, and Honoring Heroes plates from this category. Just over $2.5 million of revenue was earned by these license plates over five years. Place your guess for the highest-earning plate now, because the answer is revealed below. The highest-earning license plate across every category is the historic black and white license plate, provided by the (CCE), which is over the Utah Historical Society. This license plate was reintroduced in 2023, calling back to the license plate culture of Utah's earliest cars. When Utahns purchase the popular black and white license plate, $2 of the $25 fee goes to the , and the rest to the . The revenue generated over a five-year period by the plate totalled over $4.4 million, 28.51% of the total revenue generated by all special license plates. 'While each plate serves its purpose, it's no surprise that the newest addition — the retro black and white Historic Utah plate — has quickly emerged as the top revenue generator, producing nearly $4.5 million in just two years. This underscores the growing influence and success of these specialty plates, which not only provide Utahns a unique way to demonstrate their interests but also contribute funds to supporting deserving causes and organizations,' Utah State Auditor Tina M. Cannon stated in a press release. The third-highest-grossing set of all specialty license plates is also from a Utah State agency: the (DNR), which is over DWR. Earnings from the four wildlife license plates — elk, kestrel, mule deer, and trout — support the Division of Wildlife Resources. 12.19% of the total revenue generated by special license plates was earned by the four DWR plates featuring wildlife. Just under $2 million was earned over five years, making it the third-most popular type of license plate one can get in Utah. (UDMVA) currently has 10 license plates that support veterans. A specialty license plate is available for the Air Force, American Legion, Army, Coast Guard, Marines, Navy, Air Force Combat Action Medal, Army Combat Action Badge, Army Combat Infantry Badge, and Marine and Navy Combat Action Ribbon. Proceeds generated by license plates from the UDMVA directly support the department and the veterans that it assists. Over a five-year period, just over $1 million was earned by the several license plates that the UDMVA has available through the Department of Motor Vehicles (DMV). Other state agency license plates also generated some revenue, but were not nearly as popular. The Department of Commerce's realtor license plate earned $153,570. The Utah Department of Transportation's 'Share the Road' plate earned $135,925 over five years. Lastly, the 'Donate Life' license plate from the Department of Health and Human Services generated $32,650 in revenue. Where do Utah`s 'Mighty 5' national parks rank in the US? The 'World's Best Awards' lay it out The second-highest earning specialty license plate and most popular collegiate plate in the Beehive State is actually a set of two plates that are provided by the University of Utah. Over a five-year period ending in June 2024, the U's license plates generated nearly $3 million. According to , the has the third-highest enrollment in the state. Although it's not the school with the most students, the connection to the University of Utah Hospital and other large employers in the state provides a great reason for plenty of Utahns to invest in a U license plate. The next most popular collegiate license plates are plates. This university earned just over $1 million over five years. USU has the sixth-highest enrollment in the state, and CollegeRaptor says that it has roughly 28,000 enrolled students currently. takes third place for the most popular collegiate license plate and earned more than $812,000 during the five-year period. CollegeRaptor says it is the fourth-highest enrolled college in the state. Due to its high enrollment numbers and popularity among football fans, it's not surprising that BYU has popular plates. A few of Utah's collegiate license plates surpassed $100,000 in earnings. Southern Utah University earned $281,872. Utah Valley University generated $113,850 in revenue. Weber State University earned a total of $101,575. If your alma mater hasn't been listed yet, here's how much revenue the rest of Utah's colleges generated. If your school still isn't listed, it likely did not earn enough to be part of the report. Westminster University earned $80,250. Utah Tech University earned $19,225. Salt Lake Community College generated $2,900. Ensign College earned $2,378, and Western Governors University earned $,1925. Best Friends to fly 150 pets out of flood-impacted areas in Texas, 75 coming to Utah Out of all types of specialty license plates, private non-profits generate the least revenue, and all proceeds must go to charitable purposes. According to the OSA, three of the non-profits that sponsor specialty license plates generate so little income from them that they do not track them separately from general funds, which means they are not included in the report. The most popular private non-profit license plate in the Beehive State is the Utah Firefighters' Association license plate. This license plate is only available to current or retired firefighters in Utah, according to the DMV's website. $840,337 was earned by this license plate over five years. The Honoring Heroes Foundation provides a license plate that shows the Utah Highway Patrol trooper badge with a black line through it and has earned roughly $700,000. It's available to anyone who makes the required contribution, and earnings go directly to support the families of fallen UHP and Department of Public Safety employees. The Utah Jazz and Real Salt Lake license plates were relatively popular and supported Utah's national sports teams. The Utah Jazz plates earned $380,427 over five years and support NBA programs for women and children. Real Salt Lake earned about $202,050, and those funds go to youth soccer and environmental sustainability charities from the National Men's Soccer organization. Other private non-profit license plates also generated some revenue. The Utah Autism Council's awareness license plates earned $167,025. The Utah Law Enforcement Memorial's license plates earned roughly $125,000 over the five years. The Huntsman Cancer Institute's license plates for cancer research earned $50,985. License plates supporting public education earned $39,075. Lastly, the Boy Scouts of America plates generated $15,945 for their non-profit. Woman found dead in Cedar Canyon identified France Canyon Fire 'still active despite no growth' as crews observe multiple flareups Schumer presses RFK Jr. to declare measles emergency DOJ subpoenas clinics that provide trans care to minors Poor Utah air quality may be even more dangerous than previously believed, research shows Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.