WS #17049
President Trump has appointed Stephen Miller as the new White House Chief of Staff, replacing Susie Wiles. This move signals a shift toward a more hardline policy approach, likely intensifying regulatory scrutiny and trade tensions. The appointment introduces significant political risk premium into the market, particularly affecting sectors sensitive to government policy such as tech, finance, and international trade.
US Political Hardening
President Trump has appointed Stephen Miller as the new White House Chief of Staff, replacing Susie Wiles. This move signals a shift toward a more hardline policy approach, likely intensifying regulatory scrutiny and trade tensions. The appointment introduces significant political risk premium into the market, particularly affecting sectors sensitive to government policy such as tech, finance, and international trade.