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Trump to Announce Treasury Secretary Imminently Amid Congressional Challenges and Bold Cabinet Plans for First 100 Days
Nov 21, 2024, 04:42 PM
Donald Trump is preparing to announce his pick for Treasury Secretary, with sources indicating that the decision has already been made. The announcement is expected imminently, as Trump aims to assemble a Cabinet that reflects a significant shift from his previous administration in 2016. This Cabinet is seen as bold, with a focus on appealing to a broader voter base, particularly after a notable shift among Latino voters towards Trump in the recent elections. However, the president-elect faces challenges ahead, including a potential funding battle and a slim majority in Congress, which could complicate his agenda during the crucial first 100 days of his administration. Trump has signaled a willingness to bypass Senate confirmation if necessary, especially in light of the controversial nature of some of his picks. The impact of his Treasury Secretary choice is particularly significant for markets, including Bitcoin and digital assets.
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