The Tesla CEO announced the formation of a new political party after the president signed the “Big, Beautiful Bill.”

Treasury Secretary Scott Bessent criticized Elon Musk 's new political party, saying the world's wealthiest man wasn't a popular part of the Trump administration. Asked about Musk's move, Bessent told CNN's Dana Bash that the ideas behind the administration's Department of Government Efficiency effort, also known as DOGE, were "very popular."

Treasury Secretary Scott Bessent had little to say about Elon Musk’s latest political venture, except that the former Trump adviser is unpopular. Bessent suggested that Musk’s “America Party” would hold little sway with voters,