Recapping the closing days of 2018 is worse than one of those “previously on . . .” television-program montages.
The stock market is recovering a bit after its worst Christmas on record. The president of the United States blames the recent volatility on the chairman of the Federal Reserve, and wants to fire him but is not sure whether he can. The president has just fired the secretary of defense, who was in the process of quitting because he thinks the president is unserious and irresponsible, and said as much, if diplomatically, in his resignation letter. The president also lacks a chief of staff, and there is no attorney general. (There are acting placeholders in those positions.) Fewer than half of the positions requiring Senate confirmation at Justice, EPA, Transportation, and Interior are filled; barely half of those positions are filled at State, Labor, Treasury, and HUD.






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