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Transcripts For CNBC Squawk Alley 20161130

Good wednesday morning. Welcome to squawk alley. Carl quintanilla with Kayla Tausche at post 9, and mark santoli. Donald trump making two key cabinet nominations they morning. Lets get right to our john harwood outside trump tower with all the details. John . Reporter carl, these are two of the big ones. Steve mnunchin has been selected by donald trump to be his nominee for secretary of the treasury. He, of course, is a former Goldman Sachs partner who was the fundraising chief for Donald Trumps campaign. Also, wilbur ross, who is going to be the commerce secretary, billionaire investor, well known to viewers of cnbc, neighborhood of Donald Trumps in florida where he has his marioa lago estate 37 and he moderated the trump economic message in a few ways. Instead of talking about outright scrapping dodd frank, as donald trump did during the campaign, Steve Mnunchin talked about modifying parts of the law that discourage lending. Thats one signal. Secondly, donald trump said during the c

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