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MNI POLITICAL RISK - Thune Eyes 'Deficit-Negative' Legislation

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

Executive summary:

  • US President-elect Donald Trump’s two most embattled cabinet nominees, Pete Hegseth for Defense Secretary and Tulsi Gabbard for Director of National Intelligence, continue meetings on Capitol Hill today to lobby support from Senators.
  • The Republican Steering Committee recommended that Rep Brian Mast (R-FL) chair the House Foreign Affairs Committee and Rep Brett Guthrie (R-KY) chair the House Energy and Commerce Committee.
  • Incoming Senate Majority Leader John Thune (R-SD) is looking to make a budget reconciliation bill on energy and border security, "deficit-neutral if not deficit-negative."
  • There is still no agreement on a Continuing Resolution to avert a government shutdown on December 21, with Democrats demanding a robust disaster relief package.
  • Trump has been steadily nominating picks to stock his upcoming administration, but a raft of key diplomatic postings remain unfilled. 
  • The tit-for-tat trade war between Washington and Beijing intensified yesterday, with China announcing an antitrust investigation into US chipmaker Nvidia.
  • Ukraine will hold a meeting of key European allies this month to discuss the prospect of NATO membership.
  • President Biden's National Security Advisor, Jake Sullivan, will travel to Israel this week for talks on a Gaza ceasefire-for-hostage deal. 
  • Several top analysts in Latin America have reacted positively to Trump’s selections to lead State Department policy.
  • Poll of the Day: American households have expressed more optimism about their year-ahead financial situations.

Please find the full article attached below: US Daily Brief 

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Executive summary:

  • US President-elect Donald Trump’s two most embattled cabinet nominees, Pete Hegseth for Defense Secretary and Tulsi Gabbard for Director of National Intelligence, continue meetings on Capitol Hill today to lobby support from Senators.
  • The Republican Steering Committee recommended that Rep Brian Mast (R-FL) chair the House Foreign Affairs Committee and Rep Brett Guthrie (R-KY) chair the House Energy and Commerce Committee.
  • Incoming Senate Majority Leader John Thune (R-SD) is looking to make a budget reconciliation bill on energy and border security, "deficit-neutral if not deficit-negative."
  • There is still no agreement on a Continuing Resolution to avert a government shutdown on December 21, with Democrats demanding a robust disaster relief package.
  • Trump has been steadily nominating picks to stock his upcoming administration, but a raft of key diplomatic postings remain unfilled. 
  • The tit-for-tat trade war between Washington and Beijing intensified yesterday, with China announcing an antitrust investigation into US chipmaker Nvidia.
  • Ukraine will hold a meeting of key European allies this month to discuss the prospect of NATO membership.
  • President Biden's National Security Advisor, Jake Sullivan, will travel to Israel this week for talks on a Gaza ceasefire-for-hostage deal. 
  • Several top analysts in Latin America have reacted positively to Trump’s selections to lead State Department policy.
  • Poll of the Day: American households have expressed more optimism about their year-ahead financial situations.

Please find the full article attached below: US Daily Brief