'Elon Musk should stay out of politics...': US Treasury chief warns after 'America Party' announcement

In a surprising political maneuver, tech mogul Elon Musk has announced the formation of a new political entity, the 'America Party.' This move comes on the heels of his vocal rejection of Donald Trump's proposed tax bill, marking a significant departure from Musk's previous political affiliations. The creation of the 'America Party' signifies Musk's intention to carve out a distinct political path, one that challenges the traditional two-party system in the United States. US Treasury Secretary Janet Yellen has responded with caution to Musk's announcement, suggesting that the billionaire should refrain from political entanglements. Her comments highlight the potential complications that could arise when influential business figures like Musk step into the political arena. Yellen's warning underscores concerns about the impact of such involvement on policy-making and the broader political landscape. Musk's shift into politics has drawn mixed reactions from both supporters and critics. While some view his entry as a refreshing change that could bring new ideas to the political discourse, others worry about the implications of a powerful businessman wielding political influence. As the 'America Party' begins to take shape, it remains to be seen how Musk's political aspirations will unfold and what impact they will have on the upcoming elections.

— Authored by Next24 Live