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Four days before the position of Donald Trump, a disaster, the beginning of financial technology, published volume for how to deal with government spending in 4,000– Post blog The title “The Efficiency Formula”, the CEO of disasters, and one of the investors reflects the same idea that has been promoted by Trump and his billionaire partner. Elon Musk: The central government program is attacked by fraud.
Disaster selling credit cards of the organization and artificial intelligence software for business to analyze spending, and while the company seems to not have a central contract that exists, the post implies that the government should consider hiring. As well as disasters that help the company's budget management business “can do the same as a variety of government agencies” according to the company's blog and social media. pole–
Not long for the disaster to search for viewers Within the first three months of Trump, the executive scores a score of a sample of four times with the appeal of the president of the general service management, which oversee the contract of important central government. The meeting is sometimes held by the leading procurement officers in Josh Guenbaum, the commander of the Federal Acquisition Service.
GSA is looking for disasters to receive part of the programs of expenses within $ 700 billion of the government, also known as SmartPay. In the past few weeks, those who have been appointed by Trump that GSA has moved rapidly to touch the disaster for a high -cost of 25 million.
Founded six years ago, the disaster was supported by the most powerful number in Silicon Valley, one of the PETER TIEL, a billionaire investor, one of the first supporters of Trump in the technology world, and millions of people who helped the vice president of JD Vance. Invested in the seven -round raising separately for disasters according to the data from Pitchbook last year. Thiel said that there is “no one in a better position” to create an AI intersection and finance.
To date, the company has raised approximately $ 2 billion in joint ventures, following the CRUNCHBASE, most of the company that is related to Trump and Musk. Other large financial supporters, including Keith Rabois from Khosla Ventures; Thrive Capile, founded by Joshua Kushner, Jared Kushner's younger brother, Trump's son -in -law; And 8VC, which is operated by Musk Allies
Special attention. Gruenbaum pays to the disaster, raising the flag inside and outside. “This is against the prevention of all the normal contracts that are established to prevent the contract from receiving the prize as you know,” Scott Aay, the general consultant of the two party's supervision projects. He said that civil servants should be the leader in choosing the best options for taxpayers.
GSA's senior officials who requested not to reveal their identity because they were afraid of revenge, said that the high level of attention is unusual, especially before the public bid. “You don't want this impression that being a leader has decided the winner.”
GSA told Propublica: “Denied any suggestions about unfair or unusual practices,” with the spokesman added that “The initiative of credit card reform is well -known for the people in an attempt to deal with fraud and violations.”
Disaster does not respond to opinions.
Rabois, one of the oldest investors, is part of a group of influential technologists known as “Paypal Mafia”, the leader of the company earned earlier, including many influential players of Trump, as well as the Mask and Jacob Helber. His husband is host. The fund raising of more than $ 1 million for Trump's campaign in 2024.According to media reports Trump has nominated a Helber for the role of the Ministry of Foreign Affairs.
Rabois sat in the disaster committee. He said that he has no plans to participate in Trump's management instead. CNBC score: “I have an idea. I can spoon them to the right person,” he told Propublica. His opinions on CNBC about large policy concepts and he has. “Do not participate in any government initiative for the” disaster “company. It may be a good option for any government that wants to improve the efficiency,” Rabois added.
Helberg said that he was not involved. “In any disaster related”
Thrive Capith, Kushner's company does not respond to Thiel's comments, does not comment. 8VC does not respond to the request and the White House or Musk. Previously, Musk said, “I 'will come back again.” If there was a conflict that occurred.
The disaster meeting with Gruenbaum, which comes from KKR, a private company and has no government experience before – coming at the right time. GSA will decide by the end of the year whether to expand the SmartPay contract or not, and the preparation of the next generation program is worth hundreds of millions of dollars in the festival for the current financial institutions operating the current bank and the City Bank.
Gruenbaum and acting administrators GSA Stephen Ehikian entered the agency with strong confidence that SmartPay and other government projects are full of fraud or washing, resulting in the loss of news sources within GSA.
But both the GOP budget and democracy, including the former GSA officials, explained that the view is a bad information. SmartPay, which provides Visa and MasterCard services to government employees, allowing the central government employees to buy equipment and equipment, travel offices, books and payment for gas.
In general, the card will be used to provide travel funds and purchases up to $ 10,000.
“Smartpay is the main proportion of the government,” the former commander of GSA Sonny Hashmi, the project administrator. “It is a good program that solved the problem in the real world … with excellent supervision levels and prevention of fraud that has been baked.”
Jessica Riedl, a GOP budget expert of the Conservative Institute of Manhattan, thinks that the idea is to have significant fraud in the technology. She criticized the WASH government credit card program in the latest Smart Pay system in 2018.
“This is a big problem about 20-25 years ago,” she said. “In the past 15 years, there was a new control in buying government credit cards.”
One 2017 Program Inspection With the government responsibility office concluded that “A little evidence of fraud that may occur” in buying a small SmartPay, even if the document error found Recent government inspections have been found in some cases that officials do not always use against fraud.
GSA's new leaders believe that SmartPay is completely collapsed. The views they share at a private meeting. In February, they temporarily laid the limit of $ 1 on the government's cards and many people limited the number of cardholders to choking the fund to the workers on the field.
Chaos occurs throughout the government.News organization report: Employees at the National Health Institute reported that the materials were not able to buy materials for the federal air management workers who were worried that they would not be able to pay for the tourism system in the branch and employees of the National Park.
At that time GSA Issue a statement Saying that the limitation is “reducing the best risks” and starts to move to the Smart Pay improvement.
Opportunity $ 25 million
The first biting of the Smart Pay business of the disaster may come through a pilot project worth up to $ 25 million that GSA announced several weeks after the leadership of the agency started with the company.
At the end of the management of BIDEN GSA, sent information or RFI to search for industrial information about how to improve the next redemption of SmartPay, but some players in the industry sent the answer said that they were not responded from the GSA government to meet the disaster.
GSA created a new RFI for a pilot project on March 20, 2025, allowing to open for less than seven working days.
John Weiler, co -founder of non -profit research groups, IT consultants, IT consultants, said that the short window appeared abnormally. “One week has nothing to impress that they have chosen the winner.” Weiler, who works with the Sen. Chuck Grassley, said to check the contract problem.
Disaster is a clear “favorite” for this security. One of the sources in GSA and another former officer said to Propublica, the winner has not yet announced.
Procurement experts told Propublica to consult with industrial leaders. Before the big overhaul is a good practice-but the ending process must be arrested and led by professional contraception officers.
GSA spokesman said, “Any communication and communication with the potential sellers or have many parts of the market research to make the best solution for American taxpayers.” Is the agency answers questions about the disaster?
The pilot project is unique because of using a special GSA purchase agency called the opening of commercial solutions. This process is used by Pennthon to help increase the speed of buying products for fighters in the armed conflict. The determination means the selected contractors can choose faster and without control at the same level.
It is not clear that the disaster has been safe from personal meetings with GSA leaders. It is unclear whether the disaster will occupy all SmartPay contracts from Citibank and US Bank. Finally
It is clear that the disaster has never had a central government customer. Only government partners Specified on the webpage Is a network of charter schools in Nashville, Tennessee
Nonetheless, before the announcement of the RFI in public, disaster began to communicate with the payment industry that refers to the special bank number that is necessary to conduct government payment. The said step, the former GSA officials said that it was a sign that the disaster was preparing to work in the program.
The disaster meeting with GSA is an agency ready to play an important role in deciding to spend throughout the government. On the same day that the SmartPay pilot announced Trump out executive order That series in order to combine the majority of the government's purchasing center in GSA. The dog's initiative has been effectively receiving the headquarters from the agency – officials have. Install beds and dressing tables For staying overnight in the building and Musk's right hand Steve Davis Is an important advisor to be the leader of the department
The negotiation of the SmartPay contract flew under the radar. But the change of credit card program can change daily life for the central government employees and change the methods that the agency operates. It is also a large business opportunity agent.
“There is a lot of money to be made by a new company that comes here,” said the former GSA officials. “But what is the problem: the problem solved?”