Trump Signs Law to Launch Dollar 2.0

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

Trump Will 'Forgive' But Not Forget Elon Musk's 'Negativity,' Says Howard Lutnick: 'I Don't Think The President...'

Mohd Haider
September 27, 2025

Commerce Secretary Howard Lutnick said President Donald Trump might "forgive" Elon Musk but won't forget the "negativity" surrounding his exit from government ties.

Lutnick shared with NewsNation’s “Batya” that the tech billionaire had been one of Trump’s closest allies in his administration.

Lutnick Slams Musk

Lutnick said, “I think Elon Musk had that, he really earned the President’s friendship, admiration, and then in his departure, he expressed a part of himself that was very negative.”

He further added, “And I don’t think the president is going to forget that negativity.”

See Also: Supreme Court Hands Trump A Major Win, Allows $4 Billion In Foreign Aid Freeze To Stay In Place As Congressional Deadline Looms

$290 Million Campaign Investment Preceded Government Role

During Trump’s 2024 presidential campaign, Musk and Trump forged a partnership, with Musk contributing over $290 million to support Trump and other Republican candidates, as per Federal Election Commission records. This financial backing resulted in Musk taking the lead of the Department of Government Efficiency (DOGE), a new initiative focused on minimizing waste, fraud, and misconduct within federal agencies.

Cabinet Tensions Led to Musk’s Departure

Tensions arose between Musk and other Cabinet members over his role in the Department of Government Efficiency (DOGE), straining his relationship with Trump. In May, Musk resigned from DOGE, criticizing Trump’s spending bill for “undermining the work that the DOGE team is doing,” and soon after called the legislation a “massive abomination” on X. Musk further fueled the rift by alleging that Trump’s name appeared in the Epstein files.

Future Relations Remain Cordial

Lutnick said Trump would be “friendly” to Musk moving forward. “[Trump] will be friendly and he will be nice, because the president is incredibly nice,” he continued. “But do I think he’s going to forget? I don’t.”

Trump and Musk recently reunited at Charlie Kirk’s memorial in Arizona, sparking reconciliation speculation. Since then, Musk has shown renewed support for Trump administration policies.

Read Next:

  • Trump Explodes On Truth Social, Demands Microsoft Fire Ex–Biden DOJ Official Lisa Monaco: ‘…A Menace To US National Security’

Image via Shutterstock

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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