Trump’s cabinet takes shape
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 14 November 2024
⏱️ 12 minutes
🧾️ Download transcript
Summary
Republican John Thune will be the next leader of the Senate, and the president-elect gets to work filling out his cabinet. Plus, US inflation rose to 2.6 per cent in October, as the Federal Reserve debates whether to cut interest rates next month. Plus, activist investor Effissimo Capital Management has taken a stake in struggling carmaker Nissan.
Mentioned in this podcast:
John Thune elected to Senate leadership in rebuke to Trump allies
Donald Trump picks Matt Gaetz as attorney-general
Donald Trump taps Fox News host Pete Hegseth for defence secretary
Nissan shares jump after activist investor takes stake
The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | The FT News Briefing is supported by Equinoor, the UK's energy partner. |
| 0:06.5 | Learn more at equinore.com.uk. |
| 0:12.4 | Good morning from the Financial Times. |
| 0:15.2 | Today is Thursday, November 14th, and this is your FT News Briefing. |
| 0:20.5 | There's a changing of the guard in Washington. President-elect |
| 0:24.4 | Donald Trump's cabinet is taking shape. Republicans are keeping control of the House of Representatives |
| 0:30.4 | and the Senate has a new leader. Plus, far from Capitol Hill, the Japanese carmaker Nissan is looking for a second lease on life. |
| 0:41.2 | I'm Sonia Hudson, and here's the news you need to start your day. |
| 0:59.4 | South Dakota Senator John Thune will be the next leader of the U.S. Senate. |
| 1:06.2 | He was elected in a secret ballot on Wednesday morning after winning support from a majority of Republican lawmakers. |
| 1:10.6 | Thune will become the most powerful Republican on Capitol Hill. |
| 1:14.6 | He'll take over as party leader from Kentucky Senator Mitch McConnell. |
| 1:17.8 | McConnell has held that role for 18 years. |
| 1:24.4 | And in other congressional news, the Republicans also won control of the House of Representatives yesterday. |
| 1:29.6 | So Trump will soon preside over an entirely Republican Congress. |
| 1:41.0 | Donald Trump has been appointing new members of his administration left and right this week. |
| 1:46.3 | Some of them are traditional choices. Others, not so much. Here to unpack what these appointees mean for Trump 2.0 is the FTs Lauren Fidor. Hi, Lauren. Hi, Sanya. So I want to |
| 1:53.1 | break down these appointments into a few categories because there are a lot of them. Let's start with |
| 1:58.9 | domestic policy. Who are the key players going to be? |
| 2:02.5 | So I think there are several appointments that have been made so far in the world of |
| 2:07.0 | immigration that are particularly notable. Listeners will recall that President Trump has said |
| 2:11.0 | he's going to carry out mass deportations, the biggest deportation effort in U.S. history. |
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