The appointments Biden needs to prioritize to revitalize the economy

The Federal Reserve is the most important economic agency in the country. Biden should treat it as such.

Joe Biden is still more than a month away from taking office, but already the basic tasks of his first year in office seem quite clear: He has to end the Covid-19 pandemic, and he has to end the recession and economic fallout from the pandemic.

Most attention on the latter has focused, understandably, on what relief package Biden will be able to pass through Congress. There’s a chance that a bipartisan...