COINOTAG News, June 5th – Recent developments in U.S. political discourse have spotlighted Elon Musk’s public critique of the so-called “Big and Beautiful” bill. Following Musk’s reversal on the legislation, U.S. House Speaker Mike Johnson expressed that President Trump remains displeased with Musk’s shift in position. Johnson emphasized his disagreement with Musk’s assessment, stating, “I think he is completely wrong,” and noted ongoing efforts to engage Musk directly, despite unsuccessful contact attempts.
In response to the controversy, White House Press Secretary Levitt reaffirmed the administration’s stance, underscoring that President Trump continues to support the “Big and Beautiful” bill despite Musk’s opposition. Levitt’s comments, reported by NBC News, highlighted the administration’s commitment to the legislation without elaborating further. This episode underscores the complex interplay between influential private sector figures and federal policymakers in shaping U.S. legislative priorities within the crypto and tech sectors.