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Semafor politics
🟡 Tariff tensions
In today’s edition, Republicans are cool to using tariffs for tax cuts, unpacking Donald Trump’s choice for Howard Lutnick for commerce secretary, and the House Ethics Committee meets today to discuss whether to release its report on Matt Gaetz.
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Democratic critics of Israel are still searching for their breakthrough
Votes on Sen. Bernie Sanders’ push to block arms to Israel became the latest flashpoint.
REUTERS/Elizabeth Frantz
Hegseth took public potshots at Republican senators whose votes he wants
Donald Trump’s defense secretary pick has directed particular criticism at Mitch McConnell, Susan Collins and Lisa Murkowski.
Kevin Lamarque/Reuters
Trump picks former AG Matt Whitaker as NATO ambassador
Whitaker’s foreign policy views are largely unknown, but Trump has vowed to force NATO allies to spend more.
Vanessa Abbitt/Arizona Republic /USA TODAY NETWORK via Reuters
Doubts grow in Ukraine about US, NATO membership
Just 40% of Ukrainians said they approve of US leadership, in a survey conducted in August, down from a peak of 66% in 2022.
Oleg Petrasiuk/Handout via Reuters
House Ethics panel to meet on Gaetz investigation
The 10-member panel needs a simple majority to release findings that reportedly center around alleged sexual misconduct allegations, which Gaetz has denied.
Mike Blake/File Photo/Reuters
Republicans leery of trying to pay for tax cuts with Trump’s tariffs
His ideas might raise revenue. But asking Congress to vote for them is no easy task.
Brian Snyder/Reuters
Trump readies shortlist for financial agencies
The next administration could rollback some consumer protections, redo big bank capital rules, and overhaul the nation’s mortgage system.
US Congress eyes Biden disaster aid request
Outgoing US President Joe Biden has requested $98 billion in disaster aid relief money — now Capitol Hill needs to figure out what to do with it.
Poll: One in five Americans or fewer use ‘woke’ terms
Some Democrats blame activists on the left for alienating Americans with their language.
MAGA vs. establishment: A rivalry emerges as Trump weighs FBI pick
The president-elect is expected to seek a new chief at the bureau, with Kash Patel and former Rep. Mike Rogers leading the contenders.
Trump’s transition co-chairs are both in limbo on cabinet jobs
While Howard Lutnick vies for treasury secretary in a crowded field, Linda McMahon is still waiting to get her offer to join the administration.
Wall Street enemies circulate Bessent returns as Treasury race drags on
Documents show Bessent’s firm, Key Square, losing money five of the past seven years. But they leave out strong returns in 2016, 2017, and 2024, people familiar with the matter say.
Businesses brace for potential impact of Trump’s mass deportation plans
US President-elect Donald Trump campaigned on a pledge to deport millions of people from the US, but the program could cost taxpayers billions of dollars.
Prediction markets turn to whether Trump’s nominees will get confirmed
Speculators think Fox News anchor Pete Hegseth will become defense secretary, but are doubtful of Matt Gaetz’s chances of running the Justice Department.
Mike Johnson gets his own Trump bump — but it might be short-lived
The House speaker’s job looks safer than ever after the president-elect gave his full endorsement. Yet hardliners may still make trouble for them both.
‘The groups’ are too easy a scapegoat for Democrats
Activists can drag Democrats to the left, but it was the post-2016 mindset that did the most damage to Harris.
‘The post-Dobbs backlash has ceased’: Anti-abortion activist Marjorie Dannenfelser on the 2024 results
The founder of Susan B. Anthony Pro-Life America talked to Semafor about the next steps for the movement.
Democratic turnout plummeted in 2024 — but only in safe states
In four battleground states, Kamala Harris got more votes than Joe Biden. Donald Trump grew his votes even more.
