The recent US political landscape has been significantly shaped by the Republican Party's success in defending their majority in the House of Representatives. This solidified power in Congress allows the party to steer legislative and executive agendas. The Republicans have also regained control of the Senate, electing John Thune as the new Senate Majority Leader, succeeding Mitch McConnell. This consolidation of power is pivotal for President-elect Donald Trump, who seeks to implement his 'America First' policies with minimal resistance.
Trump's administration is taking form with notable appointments. Kristi Noem is set to become the Secretary of Homeland Security, and Pete Hegseth, a Fox News host, will serve as Secretary of Defense. These selections underscore Trump's preference for loyalists who support his agenda. Elon Musk is expected to play a key role outside the government, focusing on reducing bureaucracy and government spending.
Trump's speculations about a possible third term, despite constitutional limitations, have stirred discussions. Meanwhile, his prospective trade policies pose concerns for international stakeholders, like the German economy and energy company RWE, which fears delays in US offshore wind projects.
In an unexpected turn, outgoing President Joe Biden has met with Trump at the White House, symbolizing an official transition despite Trump's previous refusal to concede in 2020. As the US prepares for Trump's new term, the Republican control in both Congress chambers provides a robust platform for enacting his proposed policies, including tax cuts and deregulation measures. This political shift signals significant changes ahead for America's domestic and foreign policies.
