Executive summary:
- President Donald Trump is back in Washington, DC, after a week at his Mar-a-Lago resort in Florida. He will sign Congressional bills at 16:00 ET 21:00 GMT.
- Job posting data appears to suggest the labour market is slowing down for white-collar professionals. The Republican Party’s underperformance at the November 5 off-year elections appears to be correlated with a drop in the price of Bitcoin.
- Congress returns from recess today with a hectic December schedule. The most pressing deadline is December 31, when enhanced Obamacare premium subsidies expire. If Congress fails to take action to extend the subsidies, around 20 million Americans will see their insurance premiums spike.
- Voters in Tennessee will head to the polls tomorrow to vote in a special election that will test the resilience of Trump’s MAGA movement.
- Another Republican Indiana state senator indicated he will vote against Republican efforts to draw a new congressional map. A Supreme Court ruling on the Texas congressional map is expected by December 8.
- Secretary of State Marco Rubio, Special Envoy Steve Witkoff, and Trump’s son-in-law Jared Kushner met with Ukrainian National Security and Defense Secretary Rustem Umerov in Florida yesterday for last-minute coordination before Witkoff and Kushner travel to Moscow for a high-profile meeting with Russian President Vladimir Putin.
- Trump downplayed a Truth Social message that appeared to suggest US military strikes on Venezuela could be imminent.
- Poll of the Day: 60% of Republicans favour the US taking military action in Venezuela.
Please find the full article attached below: US DAILY BRIEF