Welcome to The Hill's Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story  Trump Treasury pick in limbo  A final decision in President-elect Trump's hunt for his Treasury secretary is hanging in the balance. © The Associated PressTreasury secretary is Trump’s most important Cabinet pick left – and will come after his pick for attorney general soaked up the spotlight Thursday with the withdrawal of former Rep. Matt Gaetz (R-Fla.).    Marc Rowan, Apollo Global Management co-founder; Kevin Warsh, a former member of the Federal Reserve Board of Governors; and Scott Bessent, Key Square Group founder, all traveled to Palm Beach this week to meet with the president-elect, two sources familiar with the transition told The Hill.   “It’s a jump ball right now. It’s somewhere between one of the three contenders,” a Republican source said.  The source described the current status as “a three-way tie” and added the timing of a pick would occur when Trump “stops spinning the wheel.”  “It’s fluid,” a source familiar with the transition said, adding that Trump is “seeing how Warsh float plays.”   Sen. Bill Hagerty (R-Tenn.) is also considered a contender for the role and was with Trump at the SpaceX launch in Texas on Tuesday.  One of the contenders for Treasury could instead end up being tapped for head of the National Economic Council. Warsh has also expressed interest in being the next chair of the Federal Reserve after Chair Jerome Powell’s term is up.    The Hill's Alex Gangitano has more here.    Welcome to The Hill’s Business & Economy newsletter, we’re Aris Folley and Taylor Giorno — covering the intersection of Wall Street and Pennsylvania Avenue.   Did someone forward you this newsletter? Subscribe here.   Essential Reads  Key business and economic news with implications this week and beyond:  Gallagher not interested in serving as SEC chair in second Trump administrationDan Gallagher, chief legal officer at the financial services firm Robinhood, said Friday that he is not interested in chairing the Securities and Exchange Commission (SEC) in President-elect Trump’s second administration.   Full Story  Biden administration adding dozens of Chinese firms to forced-labor blacklistThe Biden administration added more than two dozen Chinese companies to its forced labor blacklist Friday in its latest effort to combat the exploitation of China’s ethnic Uyghur population.  Full Story  Trudeau to cut sales tax and send checks to millions of Canadians as election looms HALIFAX, Nova Scotia (AP) — Canadian Prime Minister Justin Trudeau's government announced plans Thursday to temporarily lift the federal sales tax off a number of items and send checks to millions of Canadians who are dealing with rising costs and as a federal election looms.  Full Story   The Ticker  Upcoming news themes and events we're watching: The Federal Open Markets Committee (FOMC) meeting minutes from its last convening are set to come out Tuesday at 2 p.m. ET. The panel voted unanimously at the meeting for a second consecutive rate cut.  In Other News  Branch out with more stories from the day:At least 19 people are sick in Minnesota from ground beef tied to E. coli recall At least 19 people in Minnesota have been sickened by E. coli poisoning tied to a national recall … Full Story   Good to Know  Business and economic news we've flagged from other outlets: What Elon Musk Needs From China (The New York Times) US Supreme Court tosses case involving securities fraud suit against Facebook (Reuters) Republicans Are Feeling Good Again, Driving Up Consumer Sentiment (The Wall Street Journal)  What Others are Reading  Top stories on The Hill right now: Trump immigration crackdown: Denaturalization just a drop in the bucket President-elect Trump’s incoming administration is expected to take aim at legal immigration in addition to cracking down on the illegal variety, slowing the pace of application approvals and redirecting resources to look for fraud in old applications, including naturalizations. Read more Trump expected to name Kelly Loeffler for Agriculture secretary President-elect Trump is expected to name former Sen. Kelly Loeffler (R-Ga.) to serve as secretary of Agriculture, a source close to the transition told The Hill. Read more  You're all caught up. See you next week!  Close Thank you for signing up! Subscribe to more newsletters here The latest in politics and policy. Direct to your inbox. Sign up for the Business and Economy newsletter Subscribe