“The conflicting goals of President-elect Donald Trump’s economic agenda have been playing out as he debates who to choose as his Treasury secretary, a job that will entail steering tax cuts through Congress, leading trade talks with China and overseeing the $30 trillion U.S. bond market,” the New York Times reports.
“Budget experts have warned that his plans could add as much as $15 trillion to the national debt while increasing inflation and slowing growth. But Mr. Trump is not in the market for a naysayer. After a first term in which some of his top economic aides tried to tame his protectionist impulses, Mr. Trump is seeking a Treasury secretary who will carry out his unconventional plans while still having the credibility to keep markets buoyant.”
“That mix of qualities is not easy to find.”
