Treasury Secretary Scott Bessent criticized Elon Musk 's new political party, saying the world's wealthiest man wasn't a popular part of the Trump administration. Asked about Musk's move, Bessent told CNN's Dana Bash that the ideas behind the administration's Department of Government Efficiency effort, also known as DOGE, were "very popular."

President Donald Trump’s treasury secretary just told Elon Musk to stay out of politics. Cabinet member Scott Bessent took a shot at the Tesla CEO and former White House advisor after he revealed he was forming his own political party over the weekend.

A day after Elon Musk escalated his feud with Donald Trump and announced the formation of a new U.S. political party, the Republican president's Treasury secretary said Musk should stick to running his companies.

Steep tariff rates are set to go back into effect after a 90-day pause on the April 2 rates that rocked the stock market.

The United States is close to clinching several trade deals ahead of a July 9 deadline when higher tariffs kick in, U.S. Treasury Secretary Scott Bessent

America is close to clinching several trade deals ahead of a July 9 deadline when higher tariffs were due to kick in, Treasury Secretary Scott Bessent said.

Major US trading partners hurried over the weekend to secure trade deals or lobby for extra time, while Treasury Secretary Scott Bessent indicated that some countries lacking an agreement by the deadline Wednesday will have the option of a three-week extension to negotiate.