The nomination of Trump’s Cabinet has been completed

The nomination of Trump’s Cabinet has been completed. Matt Gates, the nominee for attorney general who caused the most controversy, resigned voluntarily. Although he seemed to be trying not to stand in the way of the inauguration of the administration, Trump called and said, “I don’t have the votes,” which was crucial. This means that he is not confident of passing the Senate confirmation vote, which requires a majority. Perhaps, it would have been difficult to pass the review by the competent standing committee before then. Although Trump picked a radical member of the House of Representatives who looked exactly like him, the situation was not that easy. When the Republican Party won a majority in the Senate and the House of Representatives and achieved “Red Sweep,” there seemed to be nothing that he could not do with Trump. However, he has clearly shown that U.S. lawmakers will not be puppets this time. Most of all, the focus was on who would succeed Mitch McConnell as the Republican leader of the Senate. Rick Scott, a Florida man known as a close aide to Trump, was eliminated in the first round of voting. In the third round of voting held behind closed doors, John Thune, a lawmaker from South Dakota, was elected. He is a moderate. Of course, he does not favor the likes of Matt Gates.

Although Congress will cooperate with Trump’s right-wing policies such as regulatory reform and tax cuts, policies that go beyond common sense or jeopardize national security are likely to be filtered out. The key is tariff hikes, which include Howard Rutnick, a close aide to Trump and a supporter of protectionism, who has been named Commerce Secretary. He is a hard-line conservative who was originally mentioned as a candidate for treasury secretary. Scott Bessent, who was nominated as treasury secretary, is also somewhat conciliatory although he is not opposed to high tariff policies. He is advised to use tariffs more strategically. He is also a hedge fund manager and a macro investment strategist who majored in political science at Yale University. He is also an LGBTQ person. He is clearly not suitable for Trump’s camp. Most of the others won the ministerial position by scoring points out of loyalty to Trump. They campaigned at election rallies and appeared on Fox TV to express Trump’s political views. With Trump openly recruiting these figures, the White House is more likely to roll to the radical right without a breakthrough. The White House will also take on policy changes such as U.S. priority, isolationism, tax cuts, small government, deregulation, and market priority. Of course, long-term changes require passage of the bill. In this regard, compromise with the Democratic Party is necessary and opposition from moderate voters in the Republican Party must be overcome. It is not an easy task for Trump, who narrowly won the election in both houses. Markets, financial institutions and businesses intoxicated with Trump’s propaganda are likely to rush to the atmosphere. However, it is true that the end is worrisome.

The body of the column is in the comments.

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