Following Elon Musk’s announcement that he plans to create a third political party called the “America Party” in response to Trump’s tax-cut and spending bill, Treasury Secretary Scott Bessent shaded the billionaire and former head of DOGE about his efforts.
Secretary of Treasury Scott Bessent speaks to members of the press, after meeting with Senate Republicans at the Capitol in Washington, June 27, 2025.
Elizabeth Frantz/Reuters
“Look, the principles of DOGE were very popular. I think if you would look at the polling, Elon was not, so I believe that the boards of directors at his various companies wanted him to come back and run those companies, which he is better at than anyone,” Bessent said on CNN. “So, I imagine that those board of directors did not like this announcement yesterday, and will be encouraging him to focus on his business activities, not his political activities.”
-ABC News’ Hannah Demissie
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