World News Tonight (ABC) - 2000-12-20

Name: World News Tonight (ABC) - 2000-12-20
Uploaded: 2025-04-14
Duration: 1740 s
Channel: malgent
Description: Read a transcript preview of “World News Tonight (ABC) - 2000-12-20” from malgent, uploaded on 2025-04-14.

Channel: malgent

Uploaded: 2025-04-14

Duration: PT1740S

Read a transcript preview of “World News Tonight (ABC) - 2000-12-20” from malgent, uploaded on 2025-04-14.

Transcript preview

Language: English (original, YouTube automatic captions)

[0:06] On World News Tonight, George Bush's

[0:08] ideas to affect the price of energy and

[0:11] the man he wants to run the Treasury

[0:13] Department. In the middle of nowhere,

[0:15] the hiss of winter warmth. If only they

[0:18] could deliver the gas. On the stock

[0:20] market today, almost a thousand stocks

[0:23] at new lows. What does that mean? and

[0:26] what Makoszi Johnson wants for

[0:29] Christmas. You'll remember him.

[0:33] [Music]

[0:35] From ABC News World Headquarters in New

[0:38] York, this is World News Tonight with

[0:41] Peter Jennings. Good evening. It was

[0:42] another busy day for George W. Bush as

[0:44] he tries to assemble the government.

[0:46] There were several important nominations

[0:48] to his cabinet today. And with the

[0:50] economy now in a more uncertain state,

[0:52] the one that got the most attention was

[0:54] Paul O'Neal for Secretary of the

[0:57] Treasury. Mr. Bush is back in Texas

[0:59] tonight saying goodbye to his old job.

[1:01] ABC's Terry Moran is there. And Terry,

[1:04] as you pointed out earlier today, there

[1:06] is something of a theme to today's

[1:08] nominations. There is, Peter, the theme

[1:11] is novelty. Many of President-elect

[1:14] Bush's nominees, including Treasury

[1:16] Secretary Designigny O'Neal, come from

[1:18] outside traditional Republican channels.

[1:21] He wrote that all the president-elect

[1:23] turned to the business world rather than

[1:24] the Wall Street financial community for

[1:26] the nation's chief financial officer.

[1:28] Paul has got vast experience in the

[1:31] private sector.

[1:33] He has run large

[1:36] corporations and even more

[1:38] importantly has employed large numbers

[1:41] of people. The 65-year-old O'Neal

[1:44] recently retired after 13 years as

[1:46] cha