Elon Musk is starting to seriously annoy some in Donald Trump’s inner circle.
Musk has been hanging around Mar-a-Lago ever since his million-dollar gamble to help Trump win the presidential election paid off last week. The billionaire technocrat seems to have no intention of taking a back seat in Trump’s presidency, and it’s starting to piss off those in the president’s ranks, according to two people familiar with the Trump team’s transition who spoke with NBC News earlier this week.
“He’s behaving as if he’s a co-president and making sure everyone knows it,” one of the two people told NBC.
“And he’s sure taking lots of credit for the president’s victory. Bragging about America PAC and X to anyone who will listen. He’s trying to make President Trump feel indebted to him. And the president is indebted to no one,” they added.
The second person said that Musk had been overstepping his bounds, and that Musk has an “opinion on and about everything.”
“He wants to be seen as having say in everything (even if he doesn’t),” the source told NBC.
Musk has been pretty busy since hitching his space-age wagon to the MAGA movement. Musk met with Iran’s U.N. ambassador on Monday, reportedly hoping to broker some kind of peace negotiation on behalf of the United States. Last week, Musk hopped on Trump’s calls with Ukrainian President Volodymyr Zelenskiy and Turkish President Recep Tayyip Erdoğan. “Co-presidents” doesn’t sound too far off.
The second person suggested that Musk was hurting his chances of sticking around by not keeping a low profile, as the former president hates sharing the spotlight. Earlier this week, Trump cracked a joke at Musk’s expense during a meeting with Republican lawmakers, a reminder to everyone that Musk serves at his leisure, not the other way around.
The second person also speculated that Musk might not be as committed to Trump’s agenda as he presents.
This week, Trump tapped Musk to head the so-called Department of Government Efficiency, a nongovernmental body that will push substantial cuts in regulations, spending, and personnel. While Trump has suggested that Musk’s role will be merely advisory, the high-level appointment has signaled that Trump’s White House is open for business to anyone who helps him politically and financially—after all, Musk transformed an essential information environment into a propaganda machine, with the sole purpose of having Trump reelected.
U.S. ambassador to Japan and former Chicago Mayor Rahm Emanuel is floating the idea of running for chairman of the Democratic National Committee.
Axios reports that Emanuel, who also served in Congress from 2003 to 2009 and worked in the Obama and Clinton administrations, is considering the move after the Democrats’ losses in the 2024 election. The party lost control of the Senate as well as the presidency—and Republicans maintained a narrow majority in the House—leaving open questions about its future direction.
Democratic strategist David Axelrod, a friend of Emanuel’s, said on his podcast Hacks On Tap earlier this week that he would support the ambassador if he ran for the post.
“If they said, ‘Well, what should we do? Who should lead the party?’ I would take Ambassador Rahm Emanuel, and I would bring him back from Japan and I would appoint him chairman of the Democratic National Committee,” Axelrod said.
Since then, other Democrats have told Emanuel he should run, according to Axios. But Emanuel is likely to face opposition from progressives, especially due to his actions as mayor of Chicago. Emanuel’s handling of police violence as well as his record with the city’s public schools earned him a lot of criticism, and the Chicago Teachers Union is still mad at him.
...The Cover up and School Closings Guy? Hard no.https://t.co/U2Xan3dNqi
While serving as White House chief of staff under President Obama, Emanuel also clashed with then–DNC chair Howard Dean, who was arguably the most successful party chair in the twenty-first century, with his “50 State Strategy.” Dean said in 2014 that he and Emanuel “obviously have a difference of opinion about how you get people elected.”
This would seem to indicate that Emanuel would be taking a different approach than Dean at a time when Democrats need a plan to take back Congress as well as recover at the state level. Emanuel also has a reputation for angrily going on profanity-laden tirades, which won’t win him friends in a position where one has to be on good terms with Democrats across the country. The fact that Emanuel has been disconnected from local and state politics for years also seems unlikely to help. Democrats are currently expected to tap someone with expertise at the grassroots level and an understanding of how Democrats are winning elections now—two things Emanuel sorely lacks.
Donald Trump’s controversial picks for his upcoming Cabinet have rattled right past the American public and on to damaging Wall Street.
In the wake of Trump’s decision to tap vaccine foe Robert F. Kennedy Jr. to run the Department of Health and Human Services, stocks linked to some of the biggest pharmaceutical companies—including Moderna, Pfizer, and Novavax—plummeted to some of their lowest points of the year.
Novavax and BioNTech dropped by more than 7 percent, with “almost all of the losses coming after news broke of the selection,” reported Forbes. Moderna saw shares close at $39.77, knocking the stock to its lowest point this year. Pfizer, meanwhile, escaped the day with relatively minor losses, with stocks dropping by 2.6 percent to $26.02.
The pharmaceutical industry hedged its bets in the last election cycle, donating considerable sums of money to both parties. But the historically conservative-leaning sector did, ultimately, give more to Republican candidates—with its affiliated PACs handing approximately $1.7 million more to Republicans across the 2024 election, amounting to $8.3 million in total to the conservative party, according to data collected by OpenSecrets.
But that’s not the only impact........