DOGE Put Him in the Treasury Department. His Company Has Federal Contracts Worth Millions
image via WIRED
February 21, 2025, 10:01 PM
- •A Trump administration appointee is keeping his job as CEO of a company that has millions of dollars in active contracts with various federal agencies.
- •Critics have expressed concern about the alleged conflicts of interest posed by the executive's decision to keep his role in the private sector.
- •The executive is the only Trump administration official identified so far as being a CEO and a day-to-day decisionmaker inside one particular agency.
Tom Krause, CEO of Cloud Software Group, has been appointed as the fiscal assistant secretary of the US Department of Treasury. This is a rare move that has raised concerns about potential conflicts of interest.
Entities Mentioned
Tom KrauseDonald TrumpElon Musk
Topics Covered
BusinessBusiness / Policy and Net Neutrality
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