Elon Musk hinted that they will also audit the Federal Reserve. Senior advisor to US President Donald Trump, Elon Musk, expressed that they could also audit the Federal Reserve (Fed). Musk gave a speech at the Conservative Political Action Conference (CPAC) 2025. Repeating his statements about auditing the gold reserves stored at Fort Knox, Musk emphasized that the gold there belongs to the American people. When asked if they were considering auditing the Fed as well as the Department of Government Efficiency (DOGE), Musk, who heads the DOGE, answered, “Yes, of course.” Musk drew attention to waste being present almost everywhere, explaining that billions of dollars could be saved with even a little effort in certain areas.