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Washington Examiner

What Trump’s economic picks could foretell for second administration

Washington Examiner
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75% Informative

President-elect Donald Trump's picks to guide economic policy in his incoming administration are a mix of sober-minded yet diverse loyalists who are eager to carry out his tax, spending, and tariff agenda.

Trump has picked Scott Bessent to lead the Treasury Department , Howard Lutnick as commerce secretary, and Lori Chavez-DeRemer as secretary of labor .

Kevin Hassett to be director of the National Economic Council and Jamieson Greer to serve as U.S. trade representative.

The market has largely reacted positively to Trump ’s picks.

Trump has already announced some surprise tariffs against Mexico and Canada .

The 25% tariffs are designed to coerce the two countries into stopping the flow of narcotics and illegal immigrants into the U.S. While in Congress , Chavez-DeRemer supported the Protecting the Right to Organize Act , legislation that the overwhelming majority of Republicans strongly oppose.