AP Business SummaryBrief at 4:36 p.m. EST

Contributing sentiments towards policy:

73% : Bessent is a past supporter of Democrats who has become an enthusiastic supporter of Trump.
52% : Trump chooses Bessent to be treasury secretary, Vought as budget chief, Chavez-DeRemer for LaborWASHINGTON (AP) -- President-elect Donald Trump has chosen hedge fund manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary.
50% : Trump also said he would nominate Russell Vought, 48, to lead the Office of Management and Budget, a position he held during Trump's first term.
48% : Trump raced to pick many Cabinet posts.
46% : Trump expects him to help reset the global trade order, enable trillions of dollars in tax cuts, ensure inflation stays in check, manage a ballooning national debt and still keep the financial markets confident.
35% : And Trump chose Rep. Lori Chavez-DeRemer, an Oregon Republican, as his labor secretary, and Scott Turner, a former football player who worked in Trump's first administration, as his housing secretary.
28% : Trump taps a Fox News personality, a surgeon and a former Congressman to lead public health agenciesWASHINGTON (AP) -- President-elect Donald Trump has nominated a critic of COVID-19 health measures to lead the Food and Drug Administration.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.