Social Security: Senator Warns Elon Musk, Trump Can Make 'Backdoor' Cuts

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Social Security: Senator Warns Elon Musk, Trump Can Make 'Backdoor' Cuts

^{Published on 2025-03-28 13:20:57 - Newsweek}

Senator Elizabeth Warren, a Democrat from Massachusetts, has warned that President Donald Trump and Elon Musk 's Department of Government Efficiency (DOGE) could make "backdoor" cuts to Social Security. Newsweek has contacted the Social Security Administration (SSA) and Warren's office for comment via email.

Senator Elizabeth Warren has issued a warning about the potential risks associated with investing in cryptocurrencies like Dogecoin, particularly for those relying on Social Security. In a recent interview, Warren highlighted the volatility and speculative nature of meme coins like Dogecoin, which she says could jeopardize the financial stability of retirees. She emphasized that while cryptocurrencies might offer high returns, they also come with significant risks, including market manipulation and lack of regulatory oversight. Warren's comments come amidst growing concerns over the suitability of such investments for individuals dependent on fixed incomes, urging caution and advocating for stronger regulatory measures to protect vulnerable investors.

Read the Full Newsweek Article at:
[ https://www.newsweek.com/elizabeth-warren-doge-social-security-warning-2052170 ]

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