What's in your wallet? Ask the new Treasury Secretary

Many were waiting longer than expected to hear Donald Trump name his nominee for Treasury Secretary, the person in charge of pursuing his economic agenda. Now, we have an answer: hedge fund manager Scott Bessent. Today on the show, what are the actual implications of what a Treasury Secretary does on you and me? And how does the Treasury Department affect regular Americans?Related episodes: The IRS wants to do your taxes for free. Will it last? (Apple / Spotify) The U.S. economy's biggest superpower, explained (Apple / Spotify) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

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A little show about big ideas. From the people who make Planet Money, The Indicator helps you make sense of what's happening today. It's a quick hit of insight into work, business, the economy, and everything else. Listen weekday afternoons.Try Planet Money+! a new way to support the show you love, get a sponsor-free feed of the podcast, *and* get access to bonus content. You'll also get access to The Indicator and Planet Money Summer School, both without interruptions. sign up at plus.npr.org/planetmoney