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DOGE Put Him in the Treasury Department. His Company Has Federal Contracts Worth Millions
Experts say the conflicts posed by Tom Krause’s dual roles are unprecedented in the modern era.
But four experts who track the federal workforce tell WIRED they were stunned last week by a development unlike any other they could recall: The Department of Treasury internally announced that Tom Krause had been appointed its fiscal assistant secretary, but that he would simultaneously continue his job as CEO of the company Cloud Software Group. Krause is now in charge of both a sensitive government payment system and a company that has millions of dollars worth of active contracts with various federal agencies through distribution partners, according to a WIRED review of searchable spending records. Cloud Software’s Tibco program, which helps workers automate tasks such as adding a new user to multiple internal databases, is often mentioned in the wrong sort of conversations these days, according to David Mooter, a Forrester principal analyst.
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