meta_pixel
Tapesearch Logo
Log in
Marketplace Morning Report

What to expect economically from a second Trump administration

Marketplace Morning Report

Marketplace

News, Business

4.5927 Ratings

🗓️ 20 January 2025

⏱️ 8 minutes

🧾️ Download transcript

Summary

A new administration enters the White House this afternoon. Today, we’ll hear Scott Bessent, President-elect Donald Trump’s pick for Treasury Secretary, outline his economic thesis for the four years ahead, then hear how Minnesota Lieutenant Governor Peggy Flanagan is bracing for conservative policies and viewing the role of reproductive rights in women’s economic lives. Also on the show: We’ll head to the ice, where North America’s National Hockey League is breaking records for viewers and revenue.

Transcript

Click on a timestamp to play from that location

0:00.0

What to expect economically from a second Trump administration.

0:06.1

From Marketplace, I'm Nancy Marshall Ginser in for David Roncaccio.

0:10.3

On this day, we remember Martin Luther King, Jr. and his impact on civil rights.

0:15.8

Plus, a new administration enters the White House this afternoon.

0:19.7

President-elect Donald Trump's nominee for

0:21.7

Treasury Secretary Scott Besant appeared before the Senate Finance Committee for his confirmation

0:27.2

hearing late last week. In his opening statement, he set out an economic thesis for the second

0:32.7

Trump administration. Today, I believe that President Trump has a generational opportunity to unleash a new economic

0:42.6

golden age that will create more jobs, wealth, and prosperity for all Americans.

0:49.6

We recently spoke with Minnesota Lieutenant Governor Peggy Flanagan to hear how she's looking at the next four years.

0:56.6

She has a close eye on how reproductive rights restrictions could impact women's economic lives.

1:02.5

I think the next two years, four years, we are going to see shock and awe, I think, coming out of Washington, and we have to steal ourselves for what is ahead.

1:17.0

And I will continue to do that, of course, as an elected leader.

1:22.1

But my vocation will, is the same no matter what occupation I hold it is making sure that people are seen

1:30.7

heard valued protected and believed and that I raise my daughter to continue to be able to fully

1:37.6

show up as her indigenous health as a strong young native woman and it certainly got harder with this last election. But the things that we have done here, protecting access to abortion, paid family and medical leave, historic investments in child care, workforce development, all of those things, right, will provide a strong foundation for women and their

2:04.0

families. President-elect Trump's swearing-in ceremony starts at 12 p.m. Eastern today. U.S. markets are

2:12.1

closed today in observance of Martin Luther King Day. They reopen tomorrow at 9.30 a.m. Wall Street time.

2:19.3

Markets may be closed, but that doesn't mean the news stops.

2:22.7

Tune in later today to hear my colleague Kyris Dahl on our evening show Marketplace

2:27.0

to hear about the second inauguration of President Trump and any economic developments.

2:42.2

Thank you. Trump and any economic developments. 89% of business leaders say AI is a top priority.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Marketplace, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Marketplace and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.