President-elect Donald Trump said he is nominating Scott Bessent, who runs macro hedge fund Key Square Group, as the next US Treasury Secretary, enlisting a key adviser to manage the sweeping economic agenda he has vowed to enact in a second term. Bloomberg Balance of Power hosts Joe Mathieu and Kailey Leinz offer instant reaction

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On this podcast: Mandeep Singh, Bloomberg Intelligence Senior Tech Industry Analyst, recaps Nvidia earnings. Derrick Flakoll, BNEF Lead US Policy Analyst, discusses the effect that Trump administration will have on the energy transition. Woo Jin Ho, Bloomberg Intelligence Senior Technology Analyst, discusses Super Micro shares jumping on a compliance plan and new auditor. Neil Callanan, Bloomberg Senior Editor, discusses the Bloomberg Big Take story: “Wall Street Bankers Spot a Fat Payday in $1 Trillion AI Hysteria.” Drew Reading, Bloomberg Intelligence U.S Homebuilding Analyst, recaps Lowe's earnings. Mary Ross Gilbert, Bloomberg Intelligence, Senior Equity Analyst, Covering Retail, breaks down TJX earnings. Craig Trudell, Bloomberg Global Autos Editor, discusses Ford planning to cut jobs in Europe.

The Bloomberg Intelligence radio show with Paul Sweeney and Alix Steel podcasts through Apple’s iTunes, Spotify and Luminary. It broadcasts on Saturdays and Sundays at noon on Bloomberg’s flagship station WBBR (1130 AM) in New York, 106.1 FM/1330 AM in Boston, 99.1 FM in Washington, 960 AM in the San Francisco area, channel 121 on SiriusXM, www.bloombergradio.com, and iPhone and Android mobile apps. Bloomberg Intelligence, the research arm of Bloomberg L.P., has more than 400 professionals who provide in-depth analysis on more than 2,000 companies and 135 industries while considering strategic, equity and credit perspectives. BI also provides interactive data from over 500 independent contributors. It is available exclusively for Bloomberg Terminal subscribers.

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Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.

Joanne Hsu, University of Michigan Surveys of Consumers Director, discusses Friday's UMich data. David Powell, Senior Euro-Area Economist for Bloomberg Economics, discusses the Euro falling to lowest since 2022. Grace Lee, Senior Portfolio Manager for Columbia Threadneedle, discusses her outlook for the markets. Elliot Stein, Bloomberg Intelligence Litigation Analyst, discusses the U.S probing JP Morgan’s ties to an Iranian oil kingpin’s hedge fund. Jessica Kriegel, Chief Strategy Officer of Workforce and Labor for Culture Partners, discusses Elon Musk and Vivek Ramaswamy outlining plan for 'large-scale firings' in the federal workforce. Kristina Hooper, Chief Global Markets Strategist at Invesco, discusses her outlook for the markets.

Hosts: Paul Sweeney and Alix Steel

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