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.”

Elon Musk criticizes Scott Bessent, referring to him as a Soros stooge and dismissing his criticism of Musk's popularity. Tensions between the two have been ongoing, with conservative skepticism about Soros' influence in Washington.