A federal judge has temporarily blocked access to the U.S. Treasury Department’s reserve funds for Dogecoin (DOGE), sparking outrage from Elon Musk, who is now calling for the judge’s impeachment. This legal battle comes amid broader efforts by President Donald Trump and Musk to restructure federal agencies and reallocate financial resources, particularly regarding cryptocurrency’s role in the national economy.
Musk, who has long been a vocal advocate for Dogecoin, argues that the judge’s ruling is an overreach of judicial power and an attempt to stifle financial innovation. Speaking to reporters outside a Tesla event, Musk stated, “This is pure corruption. The judge is actively working against the people’s interests, and if we don’t stop this now, financial freedom in the U.S. will be permanently compromised. Impeachment is the only solution.”
The ruling temporarily halts a controversial proposal backed by Musk and Trump that would allow Dogecoin to be integrated into certain Treasury Department transactions. The administration has framed this initiative as part of a larger effort to modernize government financial systems and eliminate bureaucratic inefficiencies. However, critics argue that using a meme-based cryptocurrency in federal operations could pose significant risks, including financial instability and potential fraud.
President Trump has remained steadfast in his support of Musk’s push for cryptocurrency in government, stating in a recent press briefing that the “deep state” is working to block economic progress. Fox News’ Peter Doocy reports that Trump has directed Treasury Secretary Vivek Ramaswamy to conduct an internal review of federal spending and remove “wasteful regulations” preventing cryptocurrencies from playing a role in government transactions. Trump has also hinted that Federal Reserve Chairman Jerome Powell could face removal if the Fed does not comply with the administration’s financial overhaul plans.
Musk has also publicly called for former Congressman Ron Paul to lead a full audit of the Federal Reserve, arguing that such an investigation would expose corruption and further justify integrating Dogecoin and other digital assets into mainstream government operations. Paul, a longtime critic of centralized banking, has not officially responded to Musk’s proposal but has previously advocated for auditing and limiting the power of the Fed.
As legal battles continue, Musk has encouraged his millions of followers on X (formerly Twitter) to pressure lawmakers into taking action against the judge who issued the ruling. Some Republican members of Congress have expressed support for Musk’s stance, with Representative Marjorie Taylor Greene calling the ruling “an attack on financial liberty” and pledging to introduce a bill to prevent judges from interfering with cryptocurrency-related government policies.
The next legal hearing on the case is scheduled for later this month, with the Treasury Department expected to argue that the use of Dogecoin in federal transactions could lead to regulatory confusion and economic unpredictability. Meanwhile, Trump and Musk remain firm in their belief that the government should embrace crypto-backed transactions as a means to combat inflation and reduce reliance on traditional financial institutions.
