MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Japan Nov CGPI Rises 3.7% Y/Y, Import Prices Drop

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

MNI: USDA: 2024/2025 CORN PRODUCTION EST 15.14B BSL

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI POLITICAL RISK - Trump Taps Sacks For White House Job

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

Executive summary:

  • US President-elect Donald Trump nominated David Sacks to serve as his science and tech advisor and 'AI and crypto czar' - another nod towards a crypto-friendly administration that will give the libertarian wing of the tech sector more influence over administration policy.
  • Trump tapped former Senator David Purdue to serve as his ambassador to China, a potential counterbalance to the more hawkish appointments to his China team.
  • Defense Secretary nominee, Pete Hegseth, appears unlikely to pass Senate confirmation after failing to sway key votes on Capitol Hill.
  • House Speaker Mike Johnson (R-LA) will need Democrat support to pass a Continuing Resolution to fund the government beyond December 20. He intends to wrap negotiations on a CR this weekend, teeing up a floor vote around December 16.
  • Elon Musk and Vivek Ramaswamy met lawmakers on Capitol Hill yesterday to sketch out their vision for reducing the size of the federal workforce and cutting government spending.
  • Secretary of State Antony Blinken spoke with his South Korean counterpart for the first time since President Yoon Suk-yeol’s aborted attempt to declare martial law.
  • The Commerce Department announced three new PMTs to allocate funding from the CHIPS Act.
  • Vice President-elect JD Vance (R-OH) and members of Trump’s national security team met with a delegation of senior Ukrainian officials on Wednesday. The top US and Russian generals held their first-ever call on November 27.
  • Poll of the Day: 57% of Americans believe the US should be more engaged on the world stage. 

Please find the full article attached below: US Daily Brief

253 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Executive summary:

  • US President-elect Donald Trump nominated David Sacks to serve as his science and tech advisor and 'AI and crypto czar' - another nod towards a crypto-friendly administration that will give the libertarian wing of the tech sector more influence over administration policy.
  • Trump tapped former Senator David Purdue to serve as his ambassador to China, a potential counterbalance to the more hawkish appointments to his China team.
  • Defense Secretary nominee, Pete Hegseth, appears unlikely to pass Senate confirmation after failing to sway key votes on Capitol Hill.
  • House Speaker Mike Johnson (R-LA) will need Democrat support to pass a Continuing Resolution to fund the government beyond December 20. He intends to wrap negotiations on a CR this weekend, teeing up a floor vote around December 16.
  • Elon Musk and Vivek Ramaswamy met lawmakers on Capitol Hill yesterday to sketch out their vision for reducing the size of the federal workforce and cutting government spending.
  • Secretary of State Antony Blinken spoke with his South Korean counterpart for the first time since President Yoon Suk-yeol’s aborted attempt to declare martial law.
  • The Commerce Department announced three new PMTs to allocate funding from the CHIPS Act.
  • Vice President-elect JD Vance (R-OH) and members of Trump’s national security team met with a delegation of senior Ukrainian officials on Wednesday. The top US and Russian generals held their first-ever call on November 27.
  • Poll of the Day: 57% of Americans believe the US should be more engaged on the world stage. 

Please find the full article attached below: US Daily Brief