President-elect Donald Trump said he is nominating Scott Bessent, who runs macro hedge fund Key Square Group, as the next US Treasury Secretary, enlisting a key adviser to manage the sweeping economic agenda he has vowed to enact in a second term. Bloomberg Balance of Power hosts Joe Mathieu and Kailey Leinz offer instant reaction.

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Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.

On this edition, Joe and Kailey speak with:

• Palm Beach County State Attorney Dave Aronberg for his reaction to President-elect Donald Trump tapping former Florida attorney general Pam Bondi to replace Matt Gaetz as his US attorney general nominee
• Sen. George Helmy (D-NJ) about Democrats losing ground in typically Blue areas and identity politics
• Former Maryland Governor, Former SSA Administrator Martin O’Malley about his pitch for the future of the Democratic party
• Jeanne Sheehan Zaino, Senior Democracy Fellow with the Center for the Study of the Presidency & Congress and Bloomberg Politics Contributor & Rick Davis, Partner at Stonecourt Capital and Bloomberg Politics Contributor for reaction to Trump’s latest administration picks

See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with:

• Former US Secretary of Education Arne Duncan as Matt Gaetz announces that he will no longer be seeking the role of Attorney General.
• Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino about Gaetz's decision.
• Democratic Congressman Don Beyer of Virginia and Democratic Congressman Sean Casten of Illinois about the House Ethics investigation into Gaetz and what happens to the report.

See omnystudio.com/listener for privacy information.