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MNI POLITICAL RISK - Trump Rounds Out Cabinet Nominations

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

Executive summary:

  • US President-elect Donald Trump rounded out his selections to lead all 15 executive agencies with a flurry of nominations on Friday.
  • The New York Times reports a ‘Bessent bounce’ on the first day of trading since the nomination of Scott Bessent as Treasury Secretary: “Stocks and bonds are rising this morning, and the dollar is down… investors seem to be signaling they like the choice.”
  • Considering the breadth of the spending fight ahead and a looming debt ceiling showdown, Trump’s selection of Russell Vought to lead the White House Office of Management and Budget could be one of his most consequential.
  • Incoming Trump National Security Advisor Rep Mike Walz (R-FL) said he is "hand in glove" with Biden's NSA Jake Sullivan to ensure a smooth transition.
  • The ranking Republican and Democrat on the Senate Foreign Relations Committee sought to reassure the Halifax Security Forum that Trump’s return to the White House won't necessarily spell the end of support for Ukraine.
  • Trump’s illegal immigrant deportation plan could cost taxpayers $150 billion to $350 billion.
  • Negotiators may be close to concluding an Israel-Hezbollah ceasefire deal.
  • Poll of the Day:Americans narrowly approve of Trump’s plans and policies for the future.

Please find the full article attached below: US Daily Brief

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Executive summary:

  • US President-elect Donald Trump rounded out his selections to lead all 15 executive agencies with a flurry of nominations on Friday.
  • The New York Times reports a ‘Bessent bounce’ on the first day of trading since the nomination of Scott Bessent as Treasury Secretary: “Stocks and bonds are rising this morning, and the dollar is down… investors seem to be signaling they like the choice.”
  • Considering the breadth of the spending fight ahead and a looming debt ceiling showdown, Trump’s selection of Russell Vought to lead the White House Office of Management and Budget could be one of his most consequential.
  • Incoming Trump National Security Advisor Rep Mike Walz (R-FL) said he is "hand in glove" with Biden's NSA Jake Sullivan to ensure a smooth transition.
  • The ranking Republican and Democrat on the Senate Foreign Relations Committee sought to reassure the Halifax Security Forum that Trump’s return to the White House won't necessarily spell the end of support for Ukraine.
  • Trump’s illegal immigrant deportation plan could cost taxpayers $150 billion to $350 billion.
  • Negotiators may be close to concluding an Israel-Hezbollah ceasefire deal.
  • Poll of the Day:Americans narrowly approve of Trump’s plans and policies for the future.

Please find the full article attached below: US Daily Brief