Seems Bad

I guess Musk can just pull money out of your accounts now.

The Trump administration quickly made good on its vow to claw back federal funding meant to cover some of the costs of housing migrants borne by New York City, unilaterally reversing the transfer of $80 million that the Federal Emergency Management Agency made to the city last week.

The comptroller’s office noticed early Wednesday that $80 million had gone missing from city bank accounts. The Department of Homeland Security, which houses FEMA, confirmed later that day that the money had indeed been taken back, a significant escalation of President Trump’s attempts to freeze or reverse funding that had previously been appropriated by Congress.

Your money isn't safe in that bank. Hopefully we find out which one.