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MNI POLITICAL RISK - Trump Agenda Uncertain Amid CR Backlash

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

Executive summary:

  • Congressional leaders yesterday unveiled a bipartisan deal to fund the government through March 14. The 1500-page-plus Continuing Resolution has angered conservative deficit hawks and Republican moderates alike, puncturing optimism that US President-elect Donald Trump’s election win, and Republican control of both chambers of Congress, will lead to greater unity on GOP policy priorities.
  • Senate Majority Leader Chuck Schumer (D-NY) has dropped his bid to confirm 'anti-crypto' Democrat Caroline Crenshaw to serve another term on the Securities and Exchange Commission, leaving the position open for Republicans to fill in the next Congress.
  • Trump’s special envoy for Ukraine and Russia plans to visit Ukraine next month and is reportedly open to meetings in Moscow. The report comes after Trump offered an ambiguous assessment of the war during his first post-election presser on Monday. While he stressed that Kyiv should “make a deal”, he refused to be drawn on whether he would press President Volodymyr Zelenskyy to make territorial concessions to Russia. 
  • The Biden administration is readying “dramatic last-minute steps” to restrict China’s supply of the world's most advanced chips. 
  • The Department of Energy released a long-awaited report that may prevent Trump from expanding US LNG exports.
  • Poll of the Day: Voter concerns over election integrity have "vanished" after Trump’s victory.

Please find the full article attached below: US Daily Brief

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Executive summary:

  • Congressional leaders yesterday unveiled a bipartisan deal to fund the government through March 14. The 1500-page-plus Continuing Resolution has angered conservative deficit hawks and Republican moderates alike, puncturing optimism that US President-elect Donald Trump’s election win, and Republican control of both chambers of Congress, will lead to greater unity on GOP policy priorities.
  • Senate Majority Leader Chuck Schumer (D-NY) has dropped his bid to confirm 'anti-crypto' Democrat Caroline Crenshaw to serve another term on the Securities and Exchange Commission, leaving the position open for Republicans to fill in the next Congress.
  • Trump’s special envoy for Ukraine and Russia plans to visit Ukraine next month and is reportedly open to meetings in Moscow. The report comes after Trump offered an ambiguous assessment of the war during his first post-election presser on Monday. While he stressed that Kyiv should “make a deal”, he refused to be drawn on whether he would press President Volodymyr Zelenskyy to make territorial concessions to Russia. 
  • The Biden administration is readying “dramatic last-minute steps” to restrict China’s supply of the world's most advanced chips. 
  • The Department of Energy released a long-awaited report that may prevent Trump from expanding US LNG exports.
  • Poll of the Day: Voter concerns over election integrity have "vanished" after Trump’s victory.

Please find the full article attached below: US Daily Brief