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MNI POLITICAL RISK - McConnell Urges Trump To Bolster Military

Daily round-up of news from the US.
StoryPolitical Risk

Executive summary:

  • A raft of US President-elect Donald Trump’s Cabinet nominees are on Capitol Hill again today. Health Secretary nominee, Robert F. Kennedy Jr., will meet Republican Senators for the first time. 
  • Trump named Richard Grenell his ‘special missions’ envoy, tasked with directing policy on Venezuela and North Korea.
  • Congressional leaders are still working out the details of a Continuing Resolution to extend government funding, cutting it close to the December 20 deadline.
  • Senator Chuck Grassley (R-IA) said that health care could be targeted as the Trump administration looks to fund the extension of Trump’s first-term tax cuts. 
  • Trump’s Commerce Secretary nominee, Howard Lutnick, is bucking predictions that he would be less hawkish on trade than Trump's first-term USTR, Robert Lighthizer. Companies have stepped up a behind-the-scenes lobbying effort, suggesting that Trump's tariff threats are being taken as a credible risk to business.  
  • Trump's transition team is expected to recommend a global tariff on battery components to stimulate the domestic US battery supply chain.
  • US officials confirmed that the Biden administration has established direct contact with the Syrian rebel group that ousted former president Bashar al-Assad.
  • Outgoing Senate Republican leader Mitch McConnell (R-KY) has written a lengthy op-ed in Foreign Affairs magazine calling on Trump to “reverse the neglect of military strength.” 
  • Poll of the Day: Much of Trump's agenda gets a green light from voters, but Americans are sceptical of tariffs. 

Please find the full article attached below: US Daily Brief

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Executive summary:

  • A raft of US President-elect Donald Trump’s Cabinet nominees are on Capitol Hill again today. Health Secretary nominee, Robert F. Kennedy Jr., will meet Republican Senators for the first time. 
  • Trump named Richard Grenell his ‘special missions’ envoy, tasked with directing policy on Venezuela and North Korea.
  • Congressional leaders are still working out the details of a Continuing Resolution to extend government funding, cutting it close to the December 20 deadline.
  • Senator Chuck Grassley (R-IA) said that health care could be targeted as the Trump administration looks to fund the extension of Trump’s first-term tax cuts. 
  • Trump’s Commerce Secretary nominee, Howard Lutnick, is bucking predictions that he would be less hawkish on trade than Trump's first-term USTR, Robert Lighthizer. Companies have stepped up a behind-the-scenes lobbying effort, suggesting that Trump's tariff threats are being taken as a credible risk to business.  
  • Trump's transition team is expected to recommend a global tariff on battery components to stimulate the domestic US battery supply chain.
  • US officials confirmed that the Biden administration has established direct contact with the Syrian rebel group that ousted former president Bashar al-Assad.
  • Outgoing Senate Republican leader Mitch McConnell (R-KY) has written a lengthy op-ed in Foreign Affairs magazine calling on Trump to “reverse the neglect of military strength.” 
  • Poll of the Day: Much of Trump's agenda gets a green light from voters, but Americans are sceptical of tariffs. 

Please find the full article attached below: US Daily Brief