Good morning! South Dakota Gov. Kristi Noem will be secretary of the Department of Homeland Security, 23andMe cuts 40% of its workforce, and the IMF's Gita Gopinath sees the much-discussed disconnect between the U.S. economy and the way people feel about it.
- Econ 101. Inflation has been a hot topic since the U.S. voted to send Donald Trump back to the White House, with pundits arguing that higher prices drove voters to reject the Biden Administration.
Gita Gopinath, the first deputy managing director of the International Monetary Fund, is a true expert on the global economy. Gopinath was appointed as the IMF's chief economist by Christine Lagarde in 2018; in 2022, she was named to her current role. A longtime economist and academic, the 52-year-old’s research focuses on international finance and macroeconomics. She spends her time thinking about the economic health of the entire world, and not just U.S. elections—but she still shared her perspective at the Fortune Global Forum in New York yesterday.
