President-elect Trump announced a barrage of new picks for key roles in his administration, including hedge fund manager Scott Bessent to be his treasury secretary. NBC’s Aaron Gilchrist reports for TODAY.

If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.

Two and a half weeks after the election and more than a week since it first seemed as if an announcement about a choice of treasury secretary was coming, Donald Trump has finally made his decision. On November 22nd the campaign said that Scott Bessent,