Washington — Incoming US treasury secretaries have been confronted over the past two decades with the financial rescue of other countries, the bailout of the US banking system and a trade war.

But whoever Joe Biden chooses may face an agenda of historic depth and breadth, fighting crises while pursuing the lofty goals the president-elect set during his campaign. Biden’s treasury pick will have to cope with a recession and joblessness, as well as serving as the fulcrum to address wealth inequality, climate change and other issues...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now