Jim Cramer analyzed Wall Street's response to President-elect Trump's Treasury secretary pick, Scott Bessent, noting that investors view him as a prudent choice. While the market initially reacted positively to Trump's election, concerns over high tariffs emerged. However, both the Dow and S&P 500 reached new highs, and Treasury yields fell. Bessent's qualifications and his 3-3-3 economic plan, aimed at reducing the deficit and boosting growth, have garnered attention, though Cramer expressed skepticism about the oil production target.
