MNI POLITICAL RISK - Trump Hosts Ninth Cabinet Meeting

Dec-02 13:32By: Adam Burrowes
Donald Trump+ 10

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Executive summary:

  • President Donald Trump will host a ninth Cabinet meeting at 11:30 ET 16:30 GMT and make an announcement on his 'Trump account' initiative for children at 14:00 ET 19:00 GMT.
  • US Businesses are making preparations for a Supreme Court ruling that could strike down Trump's reciprocal tariffs.
  • The UK agreed to increase funds to pay for new medicines in return for tariff-free access to US markets for British pharmaceuticals. 
  • Record House Republican retirements could signal a poor midterm performance for the GOP.
  • The House Financial Services Committee will hold two hearings today related to banking regulation and monetary policy.
  • The USTR will hold public hearings this week on the USMCA trade agreement. 
  • Lawmakers are expected to release the final text of the NDAA on Thursday. An amendment blocking states from independently drafting AI regulation is unlikely to make the final package.
  • Tennessee’s 7th Congressional District is voting in a special election that will test the temperature of the electorate.
  • Indiana State Republicans released a draft Congressional map that could eliminate the two Democratic Representatives.
  • US Special Envoy Steve Witkoff and President Trump's son-in-law, Jared Kushner, will meet Russian President Vladimir Putin at 09:00 ET 14:00 GMT to discuss the amended 19-point peace plan.
  • Today’s Cabinet meeting could offer clues on the administration's next steps in Venezuela. 
  • Poll of the Day: Trump's approval bounces back slightly. 

Please find the full article attached below: US DAILY BRIEF