President Trump, Elon Musk hold press conference

President Donald Trump hosted a press conference with Elon Musk on Friday afternoon in the Oval Office. On Wednesday, Musk announced he was officially stepping away from his advisory role in Trump’s administration. The billionaire entrepreneur was tasked with leading the Department of Government Efficiency — or DOGE — a Trump-created initiative aimed at reducing federal waste. The announcement came just one day after Musk criticized Trump’s legislative centerpiece — a sweeping bill combining tax cuts with immigration enforcement — calling it "a massive spending bill" that "undermines the work" of DOGE.