Based on the information provided:
**John Healey is the newly appointed Chancellor of the Exchequer.**
Here’s a breakdown of what we know about him:
* **Political Affiliation:** He is a **Labour veteran**.
* **New Role:** He is now in charge of the **government’s finances** as Chancellor.
* **Previous Role:** He most recently served as **Defence Secretary**, a position he resigned or “quit” from.
* **Reputation:** He is widely regarded as a “**safe pair of hands**.” His long experience and steady approach likely contributed to his selection for this crucial economic role.
