usa Secretary of the Treasury candidates fight fiercely, angering Trump! Former Federal Reserve Board Governor Wash may be the next Treasury Secretary.

Some analysts believe that Trump has a very good personal relationship with Wash and often seeks economic advice from the latter. Wash's wife is the heiress of the Estee Lauder cosmetic family, a social status that Trump values, and he once considered nominating Wash as a candidate for Federal Reserve Chairman in 2017. Wash's long-term goal is still to serve as the Federal Reserve Chairman.

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Rumble Appoints Jerry Naumoff to Board and Audit Committee

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Trump Picks Oil Industry CEO Chris Wright as Energy Secretary

The Edge MarketsNov 16 19:56 ET

"Trump trade" remains popular, but how much longer can it last.

Stocks, bonds, and other assets are already expensive relative to historical levels. Trump's trade protectionism policy may lead to a resurgence of inflation and force the Federal Reserve to maintain interest rates at high levels for a longer period of time. In addition, the US economy is facing continuously expanding fiscal deficits and a labor market that is already showing signs of fatigue, which could put pressure on the economic growth outlook.

Zhitong FinanceNov 14 20:02 ET

Express News | Shares Of Rumble See Volume; Bitcoin.com Now Live on Rumble Platform

BenzingaNov 14 10:21 ET

US Stocks Settle Mixed Following Inflation Data: Investor Sentiment Improves, But Fear Index Remains In 'Greed' Zone

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