After two weeks of uncertainty, Donald Trump nominated Scott Bessent, a longtime Wall Street investor, as his next Treasury secretary. The pick capped a behind-the-scenes battle one advisor called a “knife fight.” WSJ’s Andrew Restuccia takes us inside the decision, explores why Bessent triumphed and unpacks what his tenure could mean for the U.S. economy.

Further Reading:

-How Scott Bessent Won the ‘Knife Fight’ to Be Trump’s Treasury Secretary 

-Scott Bessent Sees a Coming ‘Global Economic Reordering.’ He Wants to Be Part of It. 

Further Listening:

-Gaetz, Bondi and Trump's Department of Justice 

-The Scramble Is on to Fill Trump's Cabinet 

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