What's in your wallet? Ask the new Treasury Secretary

你的钱包里有什么? 询问新任财政部长

The Indicator from Planet Money

商务

2024-11-27

9 分钟
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Many were waiting longer than expected to hear Donald Trump name his nominee for Treasury Secretary, the person in charge of pursuing his economic agenda. Now, we have an answer: hedge fund manager Scott Bessent. Today on the show, what are the actual implications of what a Treasury Secretary does on you and me? And how does the Treasury Department affect regular Americans? Related episodes: The IRS wants to do your taxes for free. Will it last? (Apple / Spotify) The U.S. economy's biggest superpower, explained (Apple / Spotify) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
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  • NPR.

  • Donald Trump takes office on January 20, but that hasn't stopped him from making waves in the market.

  • On Monday, Trump announced one of his first executive orders would be to charge a 25% tariff on all goods coming in from Mexico and Canada, as well as an extra 10% for goods from China.

  • We were wondering what the treasury secretary nominee Scott Besant thinks of that here at the indicator.

  • We watch this nomination closely because who is selected as the treasury secretary is a big deal.

  • That will be clear to anyone who's watched or even hummed along with Hamilton, maybe the most famous musical about a Treasury secretary ever.

  • Yes, Alexander Hamilton was the very first treasury secretary.

  • But aside from historical hip hop musicals, what are the actual implications of this job for you and me?

  • How does the treasury affect regular Americans?

  • This is the indicator from Planet Money.

  • I'm Darian Woods.

  • And I'm Weylon Wong.

  • Today on the show, how the new face of American economic management might affect your wallet.

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