Trump's Transition Begins: Key Players and Next Steps

With Donald Trump set to return to the presidency, Senator Mike Crapo, a cautious and detail-oriented Republican from Idaho, will lead the Senate Finance Committee in addressing the expiration of $4 trillion in tax cuts. Crapo, known for his consensus-seeking approach, will face challenges in navigating the extension of the 2017 Tax Cuts and Jobs Act, balancing Trump's tax-cut proposals, and managing potential conflicts with House Republicans over deficit concerns and tariff policies.