The investigation also found a common thread linking a few of these young recruits: billionaire Peter Thiel. Some of them have connections to the tech mogul's fellowship program, with his influence in the libertarian-leaning tech and political world having grown in recent years.

Elon Musk has confirmed he wants to put the U.S. Treasury on a blockchain, the technology that underpins bitcoin and other

Treasury Secretary Scott Bessent gave Mr. Musk’s representatives at the so-called Department of Government Efficiency a powerful tool to monitor and potentially limit government spending.