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,

President Donald Trump and Elon Musk are trading public insults after the Tesla billionaire suggested he'll create a new political party, "America Party."

Musk, who had been a close ally of the president, announced on X Saturday that he would be forming the “America Party.” His decision was based on an X poll that he posted on July 4, where he asked users on the social media website if there should be an America Party.