President-elect Donald Trump announced Friday that he'll nominate billionaire hedge fund manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary, one of several personnel decisions that he unveiled as he closed out the workweek.

He unveiled new nominees for key positions, including secretaries for HUD, Treasury, and Labor, along with the CDC director and Surgeon General.

Donald Trump picks Scott Bessent, a former money manager for Democratic donor George Soros, as Treasury secretary. He also announces choices for Labor, HUD and top budget official.