Business Rundown: What The Trump Transition Is Signaling To The Business World

It was a busy week in politics as President-elect Donald Trump's
transition team announced many of the names he hopes will fill
critical roles on his team. Trump also said he'd launch the
Department of Government Efficiency, or DOGE. The commission, led
by Tesla CEO Elon Musk and former GOP presidential candidate Vivek
Ramaswamy, intends to cut government waste and make it work more
effectively. However, there is also big economic news, as the
Consumer Price Index (CPI) report showed that inflation continues
to tick up, prompting Federal Reserve Chair Jerome Powell to say
they will be "cautious" with future rate cuts. Kenny Polcari, Chief
Market Strategist at Slatestone Wealth, joins FOX Business' Taylor
Riggs to discuss what the Trump transition is signaling to Wall
Street and whether the Fed's news is giving them reason for
concern. Photo Credit: AP Learn more about your ad choices. Visit
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