How Scott Bessent Made His Way Into Trump’s Inner Circle
Big Take16 Jan

How Scott Bessent Made His Way Into Trump’s Inner Circle

Scott Bessent is President-Elect Trump’s pick to be the treasury secretary, a role that spans oversight of the $28 trillion market for US government debt to economic sanctions.

Today on the show, Big Take DC’s Saleha Mohsin joins host David Gura to discuss the tightrope act that landed Bessent the nomination: winning over both MAGA and Wall Street.


Read more: How Scott Bessent Won Over MAGA and Wall Street

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The Kindbody Story: E3, Rocketship to Nowhere

The Kindbody Story: E3, Rocketship to Nowhere

Kindbody doubles its size overnight through a major acquisition, with executives telling employees they'll be rich enough to buy private jets. In Episode 3 of IVF Disrupted: The Kindbody Story, Bloomberg reporter Jackie Davalos reports on internal documents revealing that the company is hemorrhaging cash. As layoffs reduce the number of patient-facing employees, one clinic's staffing crunch sets the stage for an error that led one woman to give up on her dream of motherhood. Read more: IVF Disrupted: The Kindbody StorySee omnystudio.com/listener for privacy information.

21 Sep 33min

The Kindbody Story: E2, The Embryo Mixup

The Kindbody Story: E2, The Embryo Mixup

Dina and B arrive at Kindbody for the embryo transfer they've dreamed about for years. But their doctor delivers news that will make them question whether coming to Kindbody was a mistake. In Episode 2 of IVF Disrupted: The Kindbody Story, Bloomberg reporter Jackie Davalos investigates what went wrong and discovers that this error wasn't an isolated incident. Read more: IVF Disrupted: The Kindbody StorySee omnystudio.com/listener for privacy information.

20 Sep 36min

The Kindbody Story: E1, The Fertility Spa

The Kindbody Story: E1, The Fertility Spa

In 2018 a startup emerged, aiming to revolutionize fertility care with spa-like clinics and Silicon Valley swagger. Kindbody attracted millions from investors eager to disrupt a booming industry. But former employees describe a company that at times cut too many corners as it raced to expand. In Episode 1 of IVF Disrupted: The Kindbody Story, reporter Jackie Davalos investigates what can happen when startup culture collides with the delicate science of creating life. Read more: IVF Disrupted: The Kindbody StorySee omnystudio.com/listener for privacy information.

19 Sep 31min

Structured Products Are Back. Why the Boom and What’s the Catch?

Structured Products Are Back. Why the Boom and What’s the Catch?

When he announced the Fed’s decision to lower interest rates by 25 basis points, Fed Chair Jerome Powell made clear there’s still a bumpy road ahead for the US economy. Inflation is elevated and the labor market is showing signs of weakness. No wonder investors remain on edge. All this market uncertainty has helped fuel the rise of a particular type of investment offering: structured products. They’re supposed to lower investors’ downside risks. But they’re not risk-free. On today’s Big Take podcast, Bloomberg equities reporter Yiqin Shen and markets editor Sam Potter break down how these complex investment vehicles work — and what their resurgence reveals about the US economy. Read more: Rich Americans Are Driving a $200 Billion Boom in Complex BetsSee omnystudio.com/listener for privacy information.

18 Sep 16min

Introducing IVF Disrupted: The Kindbody Story

Introducing IVF Disrupted: The Kindbody Story

Kindbody, one of the largest fertility companies in the US, sought to disrupt egg freezing and IVF by combining spa vibes with Silicon Valley efficiency. The startup raised millions, opened dozens of clinics, and became a billion-dollar unicorn. But its ambition came with consequences. In IVF Disrupted: The Kindbody Story, reporter Jackie Davalos takes listeners beyond Kindbody’s millennial-friendly waiting rooms and into the clinics themselves, showing the sometimes-heartbreaking consequences of bringing the “move fast and break things” mentality to the business of creating life.See omnystudio.com/listener for privacy information.

18 Sep 1min

With Inflation Still Sticky, Fed Shifts Focus to the Jobs Market

With Inflation Still Sticky, Fed Shifts Focus to the Jobs Market

On Wednesday, the US Federal Reserve cut interest rates by 25 basis points, a move intended to address concerns about cracks in the labor market. It was a highly anticipated, modest decision from an agency that has been under increasing political pressure from President Trump to do a bigger rate cut. On today’s Big Take podcast, Fed and US economy reporter Amara Omeokwe and host David Gura discuss what the rate cut says about the state of the US job market, the broader economy and the central bank’s independence. Read more: After Rate Cut Powell Says Jobs Market No Longer Very Solid Bessent, Like Fed Governor, Made Contradictory Mortgage Pledges Further listening: Why Trump Is Trying to Fire Lisa Cook See omnystudio.com/listener for privacy information.

17 Sep 17min

The Gen Z Protestors Challenging Asia’s Ruling Elite

The Gen Z Protestors Challenging Asia’s Ruling Elite

Across South Asia, Gen Z protestors are flooding the streets, demanding change. These protests have resulted in some of the worst violence Nepal and Indonesia have seen in years, presenting a challenge to the ruling elites. On today’s Big Take Asia podcast, host K. Oanh Ha speaks with Bloomberg Opinion’s Karishma Vaswani about what’s driving this wave of youth-led uprisings and what it would take for lasting political change. Read more: Gen Z Protesters Are Challenging Asia’s Old Guard Further listening: After a Deadly Student Uprising, Bangladesh Starts Over, AgainSee omnystudio.com/listener for privacy information.

16 Sep 17min

Tesla’s $1 Trillion Bet on Elon Musk’s Leadership

Tesla’s $1 Trillion Bet on Elon Musk’s Leadership

On Monday, news broke that Tesla CEO Elon Musk recently bought about $1 billion worth of Tesla stock causing the company’s share price to jump. It was the latest headline to stoke investor optimism, following the news earlier this month that the Tesla board awarded Musk a $1 trillion pay package, to secure his focus on the car company for the next several years. On today’s Big Take podcast, global autos editor Craig Trudell joins host David Gura to discuss why Tesla investors are, once again, all in on Musk — and why even Musk’s renewed focus may not be enough to turn the company’s fortunes around this time. Read more: Musk’s $1 Billion Tesla Stock Buy Sends Shares Up for 2025See omnystudio.com/listener for privacy information.

15 Sep 18min

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