Treasury Secretary Scott Bessent on Sunday encouraged Tesla and SpaceX CEO Elon Musk to stay out of politics just one day after the billionaire announced his new political party.
“The principles of DOGE were very popular – I think if you looked at the polling Elon was not,” Scott Bessent said on CNN’s State of the Union.
Bessent, who reportedly clashed with Musk in the White House when the world’s richest man was the head of the Department of Government Efficiency (DOGE).
“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.
“So I imagine that those boards of directors did not like this announcement yesterday and will be encouraging him to focus on his business activities, not his political activities,” he added.
Musk announced the new party on Saturday on X.
“When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy,” he wrote. “Today, the America Party is formed to give you back your freedom.”
