Plus, new inflation research will hurt Paul Krugman.
President-elect Donald Trump has filled several high-level Cabinet positions in the two weeks since Election Day. The announcements have been riveting and popcorn entertainment from Matt Gaetz as Attorney General to Tulsi Gabbard as the Director of National Intelligence. But one senior administration role is leaving Wall Street in suspense and stopping investors from staring at their Bloomberg trading terminals: Janet Yellen’s successor as Treasury Secretary.
Who Will Trump Pick?
The next Treasury Secretary will have his or her plate full. The individual will have to order dozens of pizza boxes for members of Congress to avert a default as the national debt ceiling expires. The incoming person will need to help extend the Tax Cut and Jobs Act. And this is just the…