December 13, 2024 13:30 GMT
MNI POLITICAL RISK - Hill Gives Crypto Another Win In Congress
Daily round-up of news from the US.
Executive summary:
- US President-elect Donald Trump’s two most embattled cabinet nominees, Tulsi Gabbard for Director of National Intelligence and Pete Hegseth for Defense Secretary, have moderated positions on key issues to win support from Republican Senators.
- Trump’s transition team is reportedly exploring ways to shrink or remove banking watchdogs.
- The GOP's Steering Committee endorsed Rep French Hill (R-AK) to serve as the next chair of the House Financial Services Committee, elevating another crypto advocate to a top post.
- Congress is nearing a compromise deal on a short-term Continuing Resolution to avert a government shutdown on December 21. The final package may include energy permitting reform.
- Senator Rand Paul (R-KY), a prominent deficit hawk, is emerging as a potential thorn in Trump’s 2025 legislative agenda.
- Trump said in a statement he would oppose automation on docks, a major political issue that prompted a three-day strike by port workers in early October.
- US Secretary of State Antony Blinken said there are “encouraging signs" for a Gaza ceasefire but regional risk remains elevated with senior Israeli officials hinting at joint US-Israeli military action against Iran’s nuclear sector.
- The Kremlin offered a cautious assessment of Trump’s incoming administration: “Let’s wait for concrete steps.”
- Poll of the Day:NATO Secretary General Mark Rutte said NATO needs to “shift to a wartime mindset,” a sign that Trump’s hardline rhetoric could compel a shakeup in European defence.
Please find the full article attached below: US Daily Brief
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