Cabinet Hopes Fizzling, Christie Faces State in Fiscal Crisis
- Shunned by Trump and voters, governor must appeal to lawmakers
- Downgrades, worst-off public pension may define legacy in N.J.
Trump Picks Mnuchin for Treasury, Ross for Commerce
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Governor Chris Christie, scorned by New Jersey voters, seemingly had a political future working for Donald Trump. Now, with doubts he’ll join the president-elect’s administration, he’s pledged to finish his second term amid an unprecedented statewide financial crisis.
What awaits him is the nation’s worst-funded pension system, a credit rating battered by record downgrades and a forecast of higher unemployment. After his New Jersey policy-setting speech in January, he’ll have just 12 months to get the state in fiscal shape.