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Your guide to what Trump’s second term for Washington, business and world means
After the start of a new political party of the US political party, Donald Trump beat the billionaire party, who described him in an escalation of the feud between the US President and his former ally.
Trump and Musk developed a political alliance about the presidential elections in 2024, but the couple fell out after the short stay of the Tesla and the SpaceX managing director as a advisor to the White House this year.
Musk has hard criticized Trump’s flagship “a big beautiful bill”, which the president of the president signed in the law last weekthe administration accuses the country to “bankrupt” because the law is expected to add more than $ 3 into the US debt in the next decade.
Over the weekend, Musk announced that he would do it form a new third. He did not state any details or clarified whether he had intended to stand for the office himself, but suggested that the party could concentrate on some congress races, and asked questions about whether he could distract the votes from the Republican party next year.
Trump opened the announcement on Sunday on Sunday and wrote on his social platform of truth that he “was sad to see Elon Musk essentially into a train accident in the past five weeks”.
“He even wants to found a third political party, although they never succeeded in the United States,” added Trump.
The President had previously mocked Musk’s plan to create a new political party.
“We have an enormous success with the Republican Party. The Democrats have lost their way, but it has always been a two-party system, and I think to start a third, only contributes to confusion,” Trump told reporters.
He added that Musk “could have fun with it, but I find it ridiculous”.
musk He explained his intention to form the “America Party” in his social media platform X on Saturday and said it was necessary to combat the “one-party system” that undermines US democracy so that the Americans could have their “freedom” back.
Until recently, one of the closest allies of Trump, Musk donated more than $ 250 million for the president’s election campaign and supervised the budget cutting operation of the so-called Department of Government Efficiency (Doge), which means that he had to step back from the daily operations of his companies.
Scott Bessent, the US finance minister, proposed on Sunday via CNN that the business of Musk would be dissatisfied through his plans to start a political party.
“I imagine that these board of directors did not like this announcement yesterday and will encourage him to concentrate on his business activities, not on his political activities,” said the finance minister. He also went to Muschus and said that Doge’s “principles” were “popular”, but Musk was “not”.
Musk later replied by improving the “Soros shock absorber” and referring to his previous work for Soro’s Fund Management, the hedge fund founded by investor George Soros, a hate figure among the supporters of the President.
