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MNI POLITICAL RISK- Trump Nominates Exec Branch At Record Pace

Daily round-up of news from the US.
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Executive summary:

  • US President-elect Donald Trump is nominating executive branch appointments at a faster clip than previous incoming administrations but continues to vacillate on his nominee for Treasury Secretary. Amid discord within his inner circle, Trump will meet with top Treasury candidates - including early favourites Scott Bessent and Howard Lutnick - and alternatives Robert Lighthizer, Marc Rowan, Senator Bill Haggerty (R-TN), and Kevin Warsh at Mar-a-Lago this week.
  • Trump has tapped Chris Wright, the chief executive of fracking company Liberty Energy, as his Energy Secretary. Wright, along with ‘energy czar’ Gov. Doug Burgum (R-ND), will lead an energy agenda focused on ratcheting up fossil fuel production and unwinding regulations put in place by the Biden administration. 
  • House Speaker Mike Johnson (R-LA) is leaning towards a short-term Continuing Resolution to punt government funding until after Trump is inaugurated and Republicans control both chambers of Congress. A short-term measure would give the GOP more input over FY2025 spending bills but could also eat up Congressional bandwidth during a critical period when Trump intends to pursue his ‘100-day’ agenda.
  • President Biden and Chinese President Xi Jinping held a "candid" and "constructive" discussion on the margins of the APEC Summit in Peru.
  • Biden announced a major pivot in Ukraine policy, allowing Kyiv to use US-supplied long-range weapons to strike targets within the Russian Federation.
  • Poll of the Day: Employee life evaluation has hit a record low.

Please find the full article attached below: US Daily Brief

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Executive summary:

  • US President-elect Donald Trump is nominating executive branch appointments at a faster clip than previous incoming administrations but continues to vacillate on his nominee for Treasury Secretary. Amid discord within his inner circle, Trump will meet with top Treasury candidates - including early favourites Scott Bessent and Howard Lutnick - and alternatives Robert Lighthizer, Marc Rowan, Senator Bill Haggerty (R-TN), and Kevin Warsh at Mar-a-Lago this week.
  • Trump has tapped Chris Wright, the chief executive of fracking company Liberty Energy, as his Energy Secretary. Wright, along with ‘energy czar’ Gov. Doug Burgum (R-ND), will lead an energy agenda focused on ratcheting up fossil fuel production and unwinding regulations put in place by the Biden administration. 
  • House Speaker Mike Johnson (R-LA) is leaning towards a short-term Continuing Resolution to punt government funding until after Trump is inaugurated and Republicans control both chambers of Congress. A short-term measure would give the GOP more input over FY2025 spending bills but could also eat up Congressional bandwidth during a critical period when Trump intends to pursue his ‘100-day’ agenda.
  • President Biden and Chinese President Xi Jinping held a "candid" and "constructive" discussion on the margins of the APEC Summit in Peru.
  • Biden announced a major pivot in Ukraine policy, allowing Kyiv to use US-supplied long-range weapons to strike targets within the Russian Federation.
  • Poll of the Day: Employee life evaluation has hit a record low.

Please find the full article attached below: US Daily Brief