Coinpedia
BTC
$97,245
+2.5%
ETH
$3,642
+1.8%
BNB
$672
+3.2%
SOL
$248
+4.1%
XRP
$2.85
+5.3%
ADA
$1.24
+2.9%
DOGE
$0.42
+6.2%
LINK
$28.50
+1.5%
BTC
$97,245
+2.5%
ETH
$3,642
+1.8%
BNB
$672
+3.2%
SOL
$248
+4.1%
XRP
$2.85
+5.3%
ADA
$1.24
+2.9%
DOGE
$0.42
+6.2%
LINK
$28.50
+1.5%
News

Donald Trump Sued Immediately After Inauguration Over DOGE Collaboration with Musk

Anjali Belgaumkar21 Jan 20251 min read

Donald Trump’s presidency is only a few hours old, and already several lawsuits have been filed against him. The lawsuits are about a new advisory group, DOGE (Department of Government Efficiency), which has raised concerns due to its questionable structure and lack of proper government oversight. The American Federation of Government Employees (AFGE) and the nonprofit organization Public Citizen initiated a lawsuit shortly after the inauguration ceremony.

The main issue is that DOGE doesn’t follow the rules set by the Federal Advisory Committee Act (FACA), which requires advisory committees to be transparent, fair, and involve relevant stakeholders. However, DOGE is made up mostly of tech figures like Elon Musk and others from Silicon Valley, with no federal employees or experts from relevant fields, violating the law.

“The advice and guidance that Mr Trump has charged DOGE with producing is sweeping and consequential. DOGE -the members of which currently do not represent the interests of everyday Americans — will be recommending cuts to government agencies and programs that protect health, benefits, consumer finance, and product safety,” AFGE said.

Vivek Ramaswamy Steps Down

Along with the AFGE, several other watchdog and advocacy organizations filed lawsuits on Monday against the creation of DOGE. Trump had appointed billionaire entrepreneur Vivek Ramaswamy to co-lead DOGE with Musk, but Ramaswamy reportedly decided to step down from the role to run for governor in Ohio.

“It was my honour to help support the creation of DOGE. I’m confident that Elon & team will succeed in streamlining government. I’ll have more to say very soon about my future plans in Ohio. Most importantly, we’re all-in to help President Trump make America great again,” Ramaswamy wrote on X.

#Crypto news#Crypto Regulations
Anjali Belgaumkar
Anjali Belgaumkar

Author

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

More in News

News

Kava Price Prediction 2029, 2027 – 2030: Will KAVA Price Shoot To $1?

Kava Network positions itself as a hybrid Layer-1 blockchain combining the developer flexibility of Ethereum with the speed and interoperability of Cosmos. Its unique co-chain architecture allows Ethereum Virtual Machine (EVM) compatibility alongside Cosmos SDK infrastructure, aiming to deliver high performance with low fees. Now that the KAVA token is trading near $0.045, investors are questioning whether Kava can …

Qadir AK·27 Aug 20261 min

News

XRP News Today: 44 Million Rakuten Pay Users Get Direct Access to XRP in Biggest Japan Rollout Yet

Bankless co-founder David Hoffman recently disclosed that he has sold his entire Ethereum holding, a move that caught the crypto community off guard, given that Hoffman spent years promoting the concept of ETH as money and was one of the ecosystem’s most recognisable voices Bankless co-founder David Hoffman recently disclosed that he has sold his entire Ethereum holding, a …

Qadir AK·19 Jun 20262 min

News

Ethereum Crashes 60% As Analysts Dump ETH And Rotate Into These Altcoins

Table of ContentsWhy Hoffman SoldA Second ExitEthereum Market OutlookInstitutional DemandLayer-2 GrowthWhat This Means For ETH HoldersKey Levels To Watch Bankless Test co-founder David Hoffman recently disclosed that he has sold his entire Ethereum holding, a move that caught the crypto community off guard, given that Hoffman spent years promoting the concept of ETH as money and was …

Qadir AK·4 Jun 20262 min