Sen. Tim Scott expresses confidence about codifying DOGE cuts
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Yahoo
13 minutes ago
- Yahoo
The spectacular end of Elon Musk and Donald Trump's bromance
During a press conference in the Oval Office last week, President Trump praised Elon Musk, his adviser and the outgoing head of the president's Department of Government Efficiency, for waging war on the federal workforce. 'Elon has worked tirelessly to lead the most sweeping and consequential government reform program in generations,' Trump said alongside Musk, who wore a black DOGE hat and 'DOGEfather' T-shirt while standing next to the president. For nearly an hour, Trump heaped effusive praise on the billionaire Tesla chief executive, SpaceX founder and owner of X, the social media platform formerly known as Twitter, whose stint as a special government employee had come to an end. 'Elon's really not leaving,' the president added. 'He's gonna be back and forth I think.' What a difference a week makes. Trump and Musk's unlikely bromance unraveled in spectacular fashion on Thursday, with the president telling reporters in the Oval Office that he was 'very disappointed' with Musk's criticism of his 'one big beautiful' spending bill, and Musk railing at Trump in real time on X. "I'm very disappointed in Elon," Trump said before a bilateral meeting with German Chancellor Friedrich Merz. "I've helped Elon a lot." The president suggested that Musk, like many others before him, had become 'hostile' upon leaving his administration. "I'll be honest, I think he misses the place," Trump said. 'People leave my administration, and they love us, and then at some point they miss it so badly, and some of them embrace it, and some of them actually become hostile." "They leave, and they wake up in the morning, and the glamour is gone," the president added. "The whole world is different, and they become hostile. I don't know what it is." Trump also suggested that Musk was upset that the Republican-backed reconciliation bill did not include an electric vehicle mandate, which would have benefited EV manufacturers, including Tesla. 'He knew the inner workings of the bill better than anybody sitting here. He had no problem with it. All of a sudden he had a problem and he only developed the problem when he found out we were going to cut the EV mandate." "False, this bill was never shown to me even once and was passed in the dead of night so fast that almost no one in Congress could even read it!" Musk wrote on X. 'Whatever,' Musk continued. 'Keep the EV/solar incentive cuts in the bill, even though no oil & gas subsidies are touched (very unfair!!), but ditch the MOUNTAIN of DISGUSTING PORK in the bill.' 'In the entire history of civilization, there has never been legislation that [is] both big and beautiful. Everyone knows this!' Musk added. 'Either you get a big and ugly bill or a slim and beautiful bill. Slim and beautiful is the way.' Musk, who was one of Trump's most fervent and visible supporters during the 2024 campaign, wasn't done. "Without me, Trump would have lost the election, Dems would control the House and the Republicans would be 51-49 in the Senate," Musk wrote. "Such ingratitude." Trump wasn't done either. 'Elon was 'wearing thin,'' Trump wrote on Truth Social. 'I asked him to leave, I took away his EV Mandate that forced everyone to buy Electric Cars that nobody else wanted (that he knew for months I was going to do!), and he just went CRAZY!" 'The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon's Governmental Subsidies and Contracts,' Trump added. 'I was always surprised that Biden didn't do it!' Musk tried to get the last word in, suggesting Trump's name is in unreleased FBI files on Jeffrey Epstein, the late financier and convicted sex offender. "Time to drop the really big bomb," Musk wrote. "@realDonaldTrump is in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT!" "Mark this post for the future," Musk added moments later. "The truth will come out." On Thursday night, White House press secretary Karoline Leavitt said in a statement that 'this is an unfortunate episode from Elon, who is unhappy with the 'One Big Beautiful Bill' because it does not include the policies he wanted." She added "The president is focused on passing this historic piece of legislation and making our country great again.' The split capped a longtime partnership for the pair, with Musk stumping for Trump on the campaign trail, and the president, after installing Musk as the head of DOGE, boosting Tesla amid criticism of Musk with an unusual event at the White House. ("Trump turns the White House lawn into a Tesla showroom," NBC News proclaimed.) But in the last few months, there had been reports that Trump was privately growing tired of Musk. On May 27, three days before Musk's farewell press conference in the Oval Office, CBS aired a clip that showed him expressing disappointment that Trump's signature spending bill would undermine his DOGE work. Then on Tuesday, Musk went full blast on the spending package. "I'm sorry, but I just can't stand it anymore," he wrote on X. "This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination. Shame on those who voted for it: you know you did wrong. You know it." "Call your Senator, Call your Congressman," Musk wrote on Wednesday. "Bankrupting America is NOT ok! KILL the BILL." That brought us to Thursday, when Trump was asked about Musk's attacks during his Oval Office meeting with Merz. "Elon and I had a great relationship," Trump told reporters. "I don't know if we will anymore." In a phone interview with CNN on Friday morning, Trump said he was "not even thinking about" Musk and would not be speaking with him anytime soon. 'I'm not even thinking about Elon. He's got a problem. The poor guy's got a problem,' Trump said, adding: "I won't be speaking to him for a while I guess, but I wish him well.'
Wall Street Journal
14 minutes ago
- Wall Street Journal
May Jobs Report: WSJ's Chief Economics Correspondent Breaks Down the Data
The unemployment rate held steady at 4.2% despite the Trump administration's efforts to cut federal jobs and spending. WSJ's Nick Timiraos explains what the report means for the economy and the Federal Reserve. Photo Illustration: Noah Higgins-Dunn
Yahoo
15 minutes ago
- Yahoo
Epstein's Lawyer Reveals Whether The Sex Offender Had 'Damaging Information' On Trump After Elon Musk's Bold Claim
Jeffrey Epstein's lawyer has publicly addressed speculations that the deceased sex offender had compromising information on President Donald Trump. There's been an uproar on social media concerning the nature of Trump's relationship with Epstein after Elon Musk alleged the president was the reason why the files had not yet been released. Donald Trump and Elon Musk have suffered a broken relationship following his controversial One Big Beautiful Bill, and the tech guru has wasted no time in taking swipes at him. A lawyer for Jeffrey Epstein, David Schoen, has addressed speculations suggesting the disgraced financier had some dirt on President Donald Trump. According to TMZ, Schoen revealed that Epstein told him he did not have any dirt on Trump and that he would have used it if he did. Schoen said, "What I can say definitively is that I discussed this subject with Mr. Epstein at a time when it would have been in his best interests to implicate others, and he made clear that Donald Trump did nothing wrong and that he had no damaging information against him." The financier, who had ties to celebrities, politicians, and royalty, was arrested on multiple disturbing charges and was awaiting trial on sex trafficking charges before he died by suicide in 2019. Although there are pictures making the rounds on social media in which Trump was seen partying with Epstein, Schoen maintained that he didn't do anything wrong. Taking to his X account, the attorney wrote: "I was hired to lead Jeffrey Epstein's defense as his criminal lawyer 9 days before he died. He sought my advice for months before that. I can say authoritatively, unequivocally, and definitively that he had no information to hurt President Trump. I specifically asked him!" In a reply to another tweet restating his claims, Schoen said he can "unequivocally" state that President Trump "never did anything wrong with Jeffrey Epstein." It comes after Elon Musk dropped the "bomb," alleging Trump was on Epstein's list and that was "the real reason they have not been made public." Trump and Musk enjoyed a working relationship prior to the November elections, after which the billionaire tech guru was given the mandate to spearhead the Department of Government Efficiency (DOGE), responsible for cutting federal government spending. However, they have now fallen out with each other following Trump's One Big Beautiful Bill, which Musk has since labeled a "disgusting abomination." "I'm sorry, but I just can't stand it anymore," Musk wrote on X. "This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination." "Shame on those who voted for it: you know you did wrong. You know it," the billionaire continued, adding that the bill "will massively increase the already gigantic budget deficit to $2.5 trillion (!!!) and burden America [sic] citizens with crushingly unsustainable debt." In another explosive tweet, Musk claimed that Trump couldn't have won the 2024 elections without him. "Without me, Trump would have lost the election, Dems would control the House, and the Republicans would be 51-49 in the Senate," Musk said. He added: "Such ingratitude." Meanwhile, Trump has maintained an unbothered perspective on Musk's disturbing allegations, telling CNN that he won't be speaking to him in the near future. "I'm not even thinking about Elon. He's got a problem. The poor guy's got a problem," Trump said. According to the news outlet, he was asked if he'd been on a call with the SpaceX boss, to which the president replied: "No. I won't be speaking to him for a while, I guess, but I wish him well." Trump previously maintained that he was still on the best of terms with Musk and that the tech billionaire is still a part of his team. "Elon is not really leaving," he said during Musk's send-off party last week. "He's going to be back and forth." The White House has thrown its weight behind the bill that has caused a fallout between Musk and Trump. The "Big, Beautiful Bill" was passed in late May ahead of Memorial Day, but was met with disapproval from two Republicans, citing insufficient spending cuts and rising national debt, per Fox News. "Look, the president already knows where Elon Musk stood on this bill," White House press secretary Karoline Leavitt said during a briefing when asked about Musk's criticism. "It doesn't change the president's opinion. This is one big, beautiful bill and he's sticking to it," she added.
