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MNI POLITICAL RISK- Trump Taps Up Hawkish Foreign Policy Team

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

  • US President-elect Donald Trump is expected to name Senator Marco Rubio (R-FL) as his Secretary of State, Rep. Mike Waltz (R-FL) as National Security Advisor, and South Dakota Governor Kristi Noem (R-SD) as head of the Department of Homeland Security. Although Rubio is hawkish on China and Iran, he is sufficiently mainstream that his appointment is likely to calm some nerves in Western capitals.
  • Decision Desk HQ has projected that the Republican Party will retain control of the House of Representatives.
  • House Speaker Mike Johnson (R-LA) will again steer a fragile House majority. Trump has already nominated two of his conference – Elise Stefanik (R-NY) and Waltz  – to cabinet positions, further shrinking his razor-thin vote margin in the House.
  • Congress returns today to kick-off what is expected to be a hectic lame-duck session.
  • House Republicans will hold a candidate forum on Wednesday morning ahead of leadership elections on Wednesday afternoon. Few surprises are expected with Johnson’s standing greatly enhanced since last year’s calamitous leadership election.
  • Senate Republicans will hold leadership elections tomorrow, with the race to replace outgoing Minority Leader Mitch McConnell (R-KY) transformed into a proxy struggle between Senate orthodoxy and the Trump-aligned Republican media ecosystem.
  • Mexico is expected to consider imposing retaliatory tariffs on the US.
  • Poll of the Day: Trump’s tariff agenda may be inflationary, but likely not as politically damaging as the price shock during the first half of Biden’s term. 

Please find the full article attached below: US Daily Brief

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Executive summary:

  • US President-elect Donald Trump is expected to name Senator Marco Rubio (R-FL) as his Secretary of State, Rep. Mike Waltz (R-FL) as National Security Advisor, and South Dakota Governor Kristi Noem (R-SD) as head of the Department of Homeland Security. Although Rubio is hawkish on China and Iran, he is sufficiently mainstream that his appointment is likely to calm some nerves in Western capitals.
  • Decision Desk HQ has projected that the Republican Party will retain control of the House of Representatives.
  • House Speaker Mike Johnson (R-LA) will again steer a fragile House majority. Trump has already nominated two of his conference – Elise Stefanik (R-NY) and Waltz  – to cabinet positions, further shrinking his razor-thin vote margin in the House.
  • Congress returns today to kick-off what is expected to be a hectic lame-duck session.
  • House Republicans will hold a candidate forum on Wednesday morning ahead of leadership elections on Wednesday afternoon. Few surprises are expected with Johnson’s standing greatly enhanced since last year’s calamitous leadership election.
  • Senate Republicans will hold leadership elections tomorrow, with the race to replace outgoing Minority Leader Mitch McConnell (R-KY) transformed into a proxy struggle between Senate orthodoxy and the Trump-aligned Republican media ecosystem.
  • Mexico is expected to consider imposing retaliatory tariffs on the US.
  • Poll of the Day: Trump’s tariff agenda may be inflationary, but likely not as politically damaging as the price shock during the first half of Biden’s term. 

Please find the full article attached below: US Daily Brief