Musk announced formal plans Saturday to start the America Party after clashing with President Trump and Republicans over the One Big Beautiful Bill Act. The deep-pocketed Tesla and SpaceX mogul teased that his new party will home in on a select few ultra-competitive races.
“Look, the principles of DOGE were very popular. I think if you looked at the polling, Elon was not,” Bessent told CNN’s “State of the Union.”
Musk had been the driving force behind the Trump administration’s cost-cutting new Department of Government Efficiency before wrapping up his time as a special government employee in May — and famously falling out with the president.
The billionaire guru has lamented that DOGE became a “whipping boy for everything.” More recently, he fussed that the debt impact of Trump’s megabill makes a “mockery of the work” done by his DOGE team to slash the deficit. Read more and see video here.

