T reasury Secretary Scott Bessent criticized Elon Musk 's new political party, saying the world's wealthiest man wasn't a popular part of the Trump administration. Asked about Musk's move, Bessent told CNN's Dana Bash that the ideas behind the administration's Department of Government Efficiency effort, also known as DOGE, were "very popular."

Though the Republican and Democratic parties have had a lock on political power since the Civil War, they have remade themselves over and over, often when faced with the prospect of losing voters to t...