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,

"The America Party is formed to give you back your freedom," Musk said, days after Trump debated deporting him.

The tech billionaire says a new party is needed to break up what he calls a "uniparty" system that features Republicans and Democrats.