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."

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

President Donald Trump’s treasury secretary just told Elon Musk to stay out of politics. Cabinet member Scott Bessent took a shot at the Tesla CEO and former White House advisor after he revealed he was forming his own political party over the weekend.