Elon Musk revoked $80M in FEMA funding from NYC bank accounts(comptroller.nyc.gov)

42 pointsby fcqanno scorso17 comments

comptroller.nyc.gov

Elon Musk revoked $80M in FEMA funding from NYC bank accounts

https://comptroller.nyc.gov/newsroom/statement-from-nyc-comptroller-lander-on-the-trump-administrations-illegal-reversal-of-fema-funding/

22 comments

CalRobertanno scorso

I'm curious about the mechanism used here.

There was some discussion of this on bluesky. What I'm not clear on is whether the payment was effectively cancelled/taken back/etc. or if they just went and took it out of the bank account. Either is a problem of course but the latter is truly disturbing.

I believe ACH transfers can be reversed for 5 business days, and I think this action was 5 business days after the initial payment, so maybe they used that mechanism?

muddi900anno scorso

Why is this post flagged?

renegade-otteranno scorso

Hey, the United States government is being destroyed by a tech billionaire. LET'S TALK ABOUT TAILWIND INSTEAD.

Ugh.

jimswhimsanno scorso

Yep.

polski-ganno scorso

> Off-Topic: Most stories about politics, or crime, or sports, or celebrities, unless they're evidence of some interesting new phenomenon.

muddi900anno scorso

A constitutional crisis in the world's biggest nuclear power clearly an interesting phenomenon. Whether new or not remains to be seen.

matsemannanno scorso

An unelected tech oligarch having the ability to take money from arbitrary government accounts I think would count as "interesting new phenomenon".

nainzelliam49anno scorso

if they fund on homeless people may this is good idea

TacticalCoderanno scorso

armitronanno scorso

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bbcatanno scorso

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