Big Take

Why Trump’s Treasury Secretary Pick Is Reassuring Wall Street

After a messy, public competition between hopefuls, President-elect Donald Trump nominated hedge fund manager Scott Bessent to be the next Treasury secretary.  On today’s Big Take DC podcast, hosts Saleha Mohsin and David Gura discuss why Trump chose Bessent, and how Bessent might approach the job. Become a <a href="http://bloomberg.com/">Bloomberg.com</a> subscriber using our special intro offer at <a href="https://www.bloomberg.com/subscriptions/podcasts?utm_campaign=BigTakeDaily&amp;utm_medium=referral&amp;utm_source=Podcast">bloomberg.com/podcastoffer</a>. You’ll get episodes of this podcast ad-free and unlock access to deep reporting, data and analysis from reporters around the world.See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.