Twitter owner Elon Musk revealed during an interview this week that he eventually wants Twitter to evolve into a platform that provides a wide range of services, including financial services.

Musk made the remarks during an interview with The Babylon Bee published on Twitter on Wednesday. Twitter’s previous censorship of The Babylon Bee was one of the company’s actions that sparked Musk’s interest in buying Twitter.

Musk said it was important for the company to eventually start getting into financial services because it’s a vital aspect of freedom.

“That’s actually an important part of freedom as well,” he said. “If those doing, you know, the money exchange or running the money system, can stop people who disagree with them politically, that’s a huge problem. I mean, so that happened in Canada with the trucker strike, where people were being like, basically, financially ostracized from society for just being a peaceful strike.”

“And you know, I saw some strange things with PayPal, where they were like, suspending accounts for what appeared to be political reasons,” he continued. “Money is a form of information. So I think it’s important that we have within the bounds of the law, that we enable freedom of flow of money, which is full of information.”

Musk said that he eventually wants the platform to evolve into a “full array of financial services, full array of communications, encrypted communications, voice, video, everything.”

He said that the company will need to be rebranded as “X.”

“In general, the goal here is like, let’s just make sure we take the actions that strengthen the pillars of democracy and further civilization,” he said. “You know, we want to have a future we can look forward to, that we’re excited about the future, not one we’re sad about it. Civilization is more fragile than people realize. If you study the rise and fall of civilizations in history, you know, when they’re at the top, then they would think they’re gonna fall.”

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@elonmusk says the free flow of money is an important part of a free society. pic.twitter.com/ZhnWrvdToa

— The Babylon Bee (@TheBabylonBee) May 31, 2023

The U.S. House of Representatives passed the debt ceiling compromise bill on Wednesday that suspends the $31 trillion debt limit until a lame-duck session after the 2024 presidential election.

After an hour of debate, lawmakers advanced House Speaker Kevin McCarthy’s (R-CA) Fiscal Responsibility Act, a debt ceiling deal made with President Joe Biden that caused 71 Republicans and 46 Democrats to oppose the legislation. The final vote was 314 to 117 — 149 Republicans joining 165 Democrats.

“We’re finally bending the curve on discretionary spending because of this bill, and we’re doing it while at the same time raising our national defense and our veterans fully funded, with Social Security and Medicare preserved,” McCarthy said in a speech on the House floor, adding, “That is a major victory.”

After weeks of negotiations, Biden and McCarthy reached an “agreement in principle” over Memorial weekend.

Biden said the passage is a “critical step forward” to prevent a first-ever national economic default while touting the agreement’s Social Security, Medicare, and Medicaid protections.

“Tonight, the House took a critical step forward to prevent a first-ever default and protect our country’s hard-earned and historic economic recovery,” Biden said, according to NBC News. “This budget agreement is a bipartisan compromise. Neither side got everything it wanted. That’s the responsibility of governing.”

“It protects critical programs that millions of hardworking families, students, and veterans count on,” Biden said. “I have been clear that the only path forward is a bipartisan compromise that can earn the support of both parties. This agreement meets that test.”

Leading the GOP charge against the compromise, which would suspend the debt limit until January 2025 in exchange for various restraints on spending, was the conservative House Freedom Caucus, which views the agreement as being too watered down and weak on spending cuts.

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“No one sent us here to borrow an additional $4 trillion to get absolutely nothing in return,” Rep. Chip Roy (R-TX) reportedly said.

The Congressional Budget Office reportedly said the debt would reduce by $1.5 trillion over the decade under the spending restrictions.

The bill now heads to the Senate, the members of which expect to take some immediate procedural steps. Biden has urged lawmakers to pass before the U.S. defaults on its debt on June 5.