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After two weeks of uncertainty, Donald Trump nominated Scott Bessent, a longtime Wall Street investor, as his next Treasury secretary. The pick capped a behind-the-scenes battle one advisor called a “knife fight.” WSJ’s Andrew Restuccia takes us inside the decision, explores why Bessent triumphed and unpacks what his tenure could mean for the U.S. economy. Further Reading: -How Scott Bessent Won the ‘Knife Fight’ to Be Trump’s Treasury Secretary -Scott Bessent Sees a Coming ‘Global Economic Reordering.’ He Wants to Be Part of It. Further Listening: -Gaetz, Bondi and Trump's Department of Justice -The Scramble Is on to Fill Trump's Cabinet Learn more about your ad choices. Visit megaphone.fm/adchoices