AFL-CIO Report: Is DOGE’s Antonio Gracias Mishandling Retiree Investments?

Source: The American Prospect
by KJ Boyle

“In late May, Elon Musk officially exited the Department of Government Efficiency (DOGE) amid internal feuds over the One Big Beautiful Bill and, importantly, widespread calls from his companies’ investors to focus on his day job(s) as CEO. However, as Will Royce wrote for the Prospect at the time, Musk’s fingerprints and associates remain all over the pseudo-agency. Chief among them is his longtime friend and investor, Antonio Gracias. Gracias has been at DOGE for some time, first as a purveyor of Social Security misinformation, and now as chief of its immigration task force in coordination with the Department of Homeland Security (DHS). … Gracias remains CEO of Valor Equity Partners, a private equity investment manager handling $17.5 billion in assets, including hundreds of millions of dollars of public employees’ state and local pension funds.” (07/14/25)

https://prospect.org/power/2025-07-14-afl-cio-report-is-doges-antonio-gracias-mishandling-retiree-investments/