Elon Musk is keen on auditing the Federal Reserve, the independent agency that makes critical decisions on interest rates that reverberate throughout the US economy.

Elon Musk on Thursday offered hints about the work to come, including auditing the Federal Reserve, as his Department of Government Efficiency bulldozes through federal agencies in its effort to identify and implement budget and staffing cuts under authority from President Trump.

Billionaire Elon Musk once again suggested that the Federal Reserve should undergo closer scrutiny, saying Thursday at a gathering of conservatives that he plans to audit the central bank. He didn't elaborate on those plans beyond answering yes on stage at the Conservative Political Action Conference when asked if that's something he intended to do.