President Donald Trump announced the establishment of the Department of Government Efficiency, which is headed by Elon Musk. Despite expectations, this did not result in a significant increase in Dogecoin's value. Two lawsuits have been filed against the Department alleging violations of the Federal Advisory Committee Act, citing a lack of transparency. Legal analysts caution that failure to comply with federal law may weaken the Department's efforts to reduce expenditures by $500 billion and impact its credibility and effectiveness.