MNI POLITICAL RISK - Midterm Warning For The GOP In Tennessee

Dec-03 13:29By: Adam Burrowes
Donald Trump+ 10

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Executive summary:

  • President Donald Trump will make an unspecified announcement in the Oval Office at 14:30 ET 19:30 GMT
  • A speech by Treasury Secretary Scott Bessent will kick off the NYT DealBook Summit today.
  • Dell CEO Michael Dell announced a USD$6.25 billion plan to seed ‘Trump accounts’ for children.
  • Trump said he has narrowed his shortlist for Fed Chair down to one. He later more explicitly singled out NEC Director Kevin Hassett.
  • Trump had a “great talk” with Brazilian President Luiz Inacio Lula da Silva about sanctions, raising optimism for a trade deal.  
  • Public hearings on the USMCA get underway today amid concerns the Trump administration could announce its withdrawal from the deal as a negotiating tactic ahead of next year's mandatory review.
  • Democrats are touting a narrow special election loss in Tennessee as another step toward retaking the House in 2026.
  • House Republicans are eying floor votes on energy permitting next week.
  • House Speaker Mike Johnson (R-LA) is facing a rebellion that could torpedo the must-pass Pentagon bill.  
  • No compromises were reached after five hours of talks between Special Envoy Steve Witkoff and Russian President Vladimir Putin in Moscow. Secretary of State Marco Rubio's no-show at today's NATO summit is a worrying sign for Kyiv's European allies.
  • Rubio appeared to throw cold water on striking a deal with Venezuelan President Nicolas Maduro.
  • Poll of the Day: Republicans are sceptical of Trump's plan to end the Ukraine war.

Please find the full article attached below: US DAILY BRIEF