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President-elect Donald Trump addressed Elon Musk’s growing political influence at a conference over the weekend, dismissing any dialogue about the Tesla (TSLA) chief executive's lead role in his administration: “No, he’s not going to be president, that I can tell you."
Musk — who has been tapped to co-lead the proposed Department of Government Efficiency (DOGE) — appeared to be a pivotal voice in Congress' debate to finalize a federal spending bill and avoid a government shutdown last week. The situation has raised investor eyebrows about whether Musk's ability to steer policy could impact markets (^DJI, ^IXIC, ^GSPC) going forward.
Brookings Institution Senior Fellow in Governance Studies E.J. Dionne Jr. joins Morning Brief hosts Brad Smith and Brian Sozzi to discuss Musk’s concerning influence.
"Now, what you have is Donald Trump going out there online and to a conservative group and basically having to say, 'I'm the president. Elon Musk isn't the president,'" the Washington Post columnist and Georgetown University professor says. "And I think you've seen — A. some of the chaos we're going to see next year; and B. a really complicated public relationship between Trump and Musk."
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This post was written by Josh Lynch