With Schaeuble Out, Who Will Be Germany’s Next Finance Minister?

Wolfgang Schaeuble is leaving the German Finance Ministry to become president of the lower house of parliament, the No. 2 position in the state after the Federal President. Here’s what we know, and what’s likely to happen:

Voters handed heavy losses to Germany’s two biggest parties in Sunday’s election and voted the pro-market Free Democrats and the populist Alternative for Germany into the Bundestag, splintering the political landscape and leaving Chancellor Angela Merkel with only one obvious coalition possibility.