Executive summary:
- President Donald Trump arrived at his Mar-a-Lago resort yesterday. He will spend the week in Florida before returning to the White House on Sunday evening.
- NEC Director Kevin Hassett firms as the frontrunner for Federal Reserve Chair.
- Trump told reporters that Chinese President Xi Jinping "more or less agreed" to accelerate and increase purchases of US goods.
- Trump acknowledged that an extension of expiring Obamacare subsidies could be necessary as the White House and Congressional Republicans struggle to align on a healthcare plan.
- A Supreme Court ruling on a Republican-drawn congressional map for Texas is expected any day. Democrats could win the redistricting war if they succeed with a new map in Virginia.
- Trump urged Republicans to vote in an upcoming Tennessee special election that could foreshadow a GOP wipeout at the midterms.
- Trump cited “tremendous progress” in ceasefire negotiations but appeared to rule out meeting with Ukrainian President Volodymyr Zelenskyy or Russian President Vladimir Putin before a US-brokered peace deal for Ukraine is finalised. After a flurry of diplomacy this week, Ukrainian officials signalled that they agreed in principle with most of the plan, but scepticism persists that Moscow will accept a deal that falls short of Putin's maximalist demands.
- The window for Trump to strike land targets in Venezuela and force President Nicolas Maduro to step down may be short.
- Chart of the Day: US consumer confidence declined more than expected in November.
Please find the full article attached below: US DAILY BRIEF