Trump quickly fills Cabinet positions but takes time to choose treasury secretary

President-elect Donald Trump has quickly selected several Cabinet members but took longer to choose Scott Bessent as treasury secretary. Bessent, a billionaire investor, is expected to help implement Trump's economic vision, focusing on growth and trade issues. Bessent's nomination contrasts with Trump's usual rapid decisions for other positions. Critics, including Senate Finance Committee Chair Ron Wyden, have expressed concerns about Bessent's wealth and potential alignment with Trump's economic populism. Bessent has criticized President Biden's economic policies and aims to address inflation and trade imbalances. Trump's economic plans remain uncertain, with potential conflicts anticipated between his administration and the Federal Reserve regarding inflation management.