U.S. Treasury Secretary Vincent Bescent: Musk should stay out of politics
2025-07-06 20:32:57
On July 7th, US Treasury Secretary Vincent Bescent believes that Musk should stay away from politics and focus on managing the companies he controls. Musk previously posted on social media that he would create a new party, called the American Party, after the US Congress passed the "Big and Beautiful" bill with tax cuts and expenses, in order to avoid the bankruptcy of the United States. Bescent said that the boards of companies managed by Musk, including Tesla and SpaceX, may want Musk to focus on managing the company, or they may not like his announcement to form a party. He also believes that if Musk does form a party, < b > it may win some votes , because some voters may like the work of Musk's Department of Government Effectiveness (DOGE), rather than Musk himself.
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