Musk announced the launching of a new political party called the "America Party" on his social media platform X on Saturday.
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The Daily Dossier
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Elon Musk formed the America Party after a viral X poll, drawing criticism from Trump who defends the two-party system amid historical challenges faced by third parties in U.S. politics.
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The president's sweeping domestic policy achievement extends his expiring 2017 tax cuts but could cause millions in the U.S. to lose their health coverage and food aid over the next decade.
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Iran's president enacted a law passed by the country's parliament that severs ties with the International Atomic Energy Agency, a U.N. watchdog, following Tehran's recent conflict with the U.S. and Israel.
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Vietnam runs a very large trade surplus with the U.S. and a trade deficit with China, essentially recycling dollars from the U.S. into China. | Economy
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President Trump has threatened legal action against CNN and The New York Times over their Iran strike reporting, but journalists say they're undeterred.
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House Rules Committee advances Trump's 'big, beautiful bill' for chamber vote, with Republicans backing tax cuts, while Democrats criticize it as a wealthy giveaway.
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