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Jim Cramer examines Wall Street's reaction to Trump Treasury secretary pick

CNBC
Summary
Nutrition label

65% Informative

CNBC 's Jim Cramer reviewed market reaction to President-elect Donald Trump's latest cabinet pick, Scott Bessent .

Cramer said Wall Street demonstrated a belief that the potential Treasury secretary will be a prudent force in the administration.

The market initially celebrated Trump 's win as a step towards corporate deregulation and lower taxes, but investors grew concerned at the possibility of high tariffs.

VR Score

71

Informative language

72

Neutral language

44

Article tone

formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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