UPDATE: The President-Elect has released a statement confirming that Elaine Chao will be his Secretary of Transportation in the coming administration. The nomination will be presented to the US Senate, which is expected to confirm Chao as Secretary. You can read Trump's statement here.

Politico is reporting that Elaine Chao, who was the Deputy Secretary of Transportation under George H.W. Bush from 1989 through 1991 and Labor Secretary under George W. Bush for both terms, will be President-Elect Donald Trump's pick to head the Department of Transportation. Chao met with Trump at his office in New York last week, reportedly to discuss the possibility of such an appointment.

Anthony Foxx is the current Secretary of Transportation.

Chao is married to Senate Majority Leader Mitch McConnell, Republican of Kentucky. The report states that the choice will be officially announced at 1 PM Eastern today.

If Trump's plans for massive transportation infrastructure improvements come to fruition, Chao will be in charge of implementing them. On the campaign trail, Trump promised to double Hillary Clinton's $275 billion, five-year transportation spending plan. There appears to be wide support for infrastructure spending, but so far specifics on what improvements will be included are scarce. The appointment is just one of many direct and indirect effects Trump's presidency will have on the auto industry.

We'll update this report as new details emerge.

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