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00:00TRACK OF EACH AND EVERY NOVEMBER DAY. WHAT IS DIFFERENT TODAY FOR THE PRESIDENT-ELECT FROM YESTERDAY? MICHAEL: HE HAS THE RESPONSIBILITY OF GOVERNING. YOU HAVE TO HAVE PEOPLE IN PLACE. HE IS STARTING TO MAKE THOSE DECISIONS. THEY ARE MEETING TODAY TO MAKE SMART CABINET CHOICES. WE UNDERSTAND THAT HE IS THE LIKELY CHOICE FOR TREASURY SECRETARY. THAT IS A FASCINATING THING. DONALD TRUMP CAMPAIGNED AGAINST WALL STREET. HE PICKS A GUY FROM YALE AND GOLDMAN SACHS. WALL STREET IS STILL IN CHARGE IT APPEARS. HE IS A VERY WEALTHY WALL STREET ARE. HE CAME TO THE CAMPAIGN BY ACCIDENT. THERE IS A GREAT STORY PROFILING HIM. IS NOT A GUY THAT EMBRACED DONALD TRUMP SO MUCH AS THE IDEA OF GETTING THE JOB OF TREASURY SECRETARY. TOM: FORMER MAYOR GIULIANI IS BEING THAT IN FOR A NUMBER OF POSITIONS, INCLUDING SECRETARY OF STATE. WHAT HAVE YOU OBSERVED IN THE LAST SEVEN DAYS ABOUT THE OLD GUARD REPUBLICAN FOREIGN-POLICY INDUSTRY AND THIS NEW PRESIDENT? ARE THEY EVEN HAVING A CONVERSATION? MICHAEL: SO FAR, NOT REALLY. MOST OF THE OLD GUARD SAID THEY WOULD NEVER WORK FOR DONALD TRUMP. THERE HAS BEEN A DISCUSSION ABOUT WHETHER IT IS THE DUTY OF PEOPLE WHO KNOW WHAT THEY ARE DOING TO HELP A PRESIDENT WHO DOES NOT IN FOREIGN POLICY. NO DECISIONS HAVE BEEN MADE IN TERMS OF STAFFING. WHEN YOU TALK ABOUT REALLY GENE OTANI AS SECRETARY OF STATE. HE HAS NO FOREIGN-POLICY EXPERIENCE. DONALD HAS NO FOREIGN-POLICY EXPERIENCE. DONALD TRUMP IS PRIZING LOYALTY ABOVE EXPERIENCE. HE MAY NOT BE CONCERNED THAT THE

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Donald Trump's Cabinet: Loyalty Over Experience?

As U.S. President-Elect Donald Trump assembles his White House team, his advisers are said to be looking at roles for former Goldman Sachs banker Steven Mnuchin and former New York City Mayor Rudy Giuliani. Bloomberg's Michael McKee reports on "Bloomberg Surveillance." (Source: Bloomberg) (Source: Bloomberg)

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