00:00It's Benzinga bringing Wall Street to Main Street.
00:02Union representing federal employees and multiple watchdog groups have filed lawsuits against the
00:07Trump administration's cost-cutting initiative, the Department of Government Efficiency.
00:11The American Federation of Government Employees and others argue that the initiative violates
00:17the 1972 Federal Advisory Committee Act, which mandates checks on conflicts of interest,
00:22transparency, and balance representation.
00:25Tesla CEO Elon Musk's financial support for Trump's campaign and his company's reliance
00:30on federal contracts have raised concerns about potential bias in Doge's operations,
00:35favoring his business interests.
00:37For all things money, visit Benzinga.com slash GSTV.
