Trump chooses Bessent to be treasury secretary, Vought as budget chief, Chavez-DeRemer for Labor

Contributing sentiments towards policy:

60% : "I look forward to working with her to create tremendous opportunity for American Workers," Trump said in a statement.
55% : The announcements Friday evening showed how Trump was fleshing out the financial side of his new administration.
54% : Trump chooses Bessent to be treasury secretary, Vought as budget chief, Chavez-DeRemer for LaborFATIMA HUSSEIN and CHRIS RUGABERNovember 23, 2024 at 1:03 AM1 / 3Trump TreasuryFILE - Investor Scott Bessent speaks on the economy in Asheville, N.C., Aug. 14, 2024.
54% : Trump said Bessent would "help me usher in a new Golden Age for the United States," while Vought "knows exactly how to dismantle the Deep State and end Weaponized Government.
49% : At an October Detroit Economic Club event, Trump called Bessent "one of the top analysts on Wall Street.
48% : Even as he pushes to lower the national debt by stopping spending, Bessent has backed extending provisions of the Tax Cuts and Jobs Act of 2017, which Trump signed into law in his first year in office.
44% : Trump also said he would nominate Russel Vought to lead the Office of Management and Budget, a position Vought held during Trump's first presidency.
43% : It also contains about $642 billion in cuts to Affordable Care Act.
39% : Vought's budget ideas were independent of Trump, who has not entirely spelled out the details of his economic plans, other than to campaign on income tax cuts and tariff hikes.
36% : Last month, Bessent suggested Trump could name a replacement chair early, and let that person function as a "shadow" chair, with the goal of essentially sidelining Powell.
34% : "In a separate announcement, Trump said he had chosen Rep. Lori Chavez-DeRemer, an Oregon Republican, as his labor secretary.
15% : Trump repeatedly attacked Powell during his first term as president for raising the Fed's key rate in 2017 and 2018.
9% : Powell, for his part, has said he wouldn't step down if Trump asked him to do so, and added that Trump, as president, doesn't have the authority to fire him.

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