Trump’s First Moves, Lazard CEO, & the Property Brothers 11/11/24
President-elect Donald Trump has begun to make his first appointments in his new administration. Over the weekend, he named Tom Homan as border czar, said Nikki Haley and Mike Pompeo will not join his second term, and wrote on Truth Social that the Senate majority leader should agree to allow recess appointments to Trump’s cabinet. On X, Senator Mike Lee (R-Utah) suggested reasons to “#EndtheFed,” garnering support from Elon Musk. Lazard CEO Peter Orszag weighs in on Fed independence and discusses what to expect after the transfer of power, including the market impact and the M&A cycle. Next, Property Brothers Drew and Jonathan Scott discuss the state of the housing market and their new HGTV show “Don’t Hate Your House,” focused on how homeowners who can't move are renovating their homes. Peter Orzag - 14:21 Drew & Jonathan Scott - 29:01 In this episode: Drew Scott, @MrDrewScott Jonathan Scott, @JonathanScott Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie