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/

by fcq • 1 year ago

42 8 1 year ago

comptroller.nyc.gov

nainzelliam49• 1 year ago

if they fund on homeless people may this is good idea

CalRobert• 1 year ago

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?

muddi9002• 1 year ago

Why is this post flagged?

polski-g• 1 year ago

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

matsemann• 1 year ago

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

muddi9002• 1 year ago

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

jimswhims• 1 year ago

Yep.

renegade-otter• 1 year ago

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

Ugh.

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

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