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Why MNI
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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI POLITICAL RISK - Trump Announces Raft Of Key Nominations
BRIEF: EU-Mercosur Deal In Final Negotiations - EC
Democrats Appear Unlikely To Support Speaker McCarthy
Leigh Ann Caldwell at the Washington Post has reports that, "Democrats will NOT vote present and will NOT vote to table. Sources say the caucus is unified. McCarthy’s actions on Jan 6, his trip to Mar a Lago, his attempt to discredit the Jan 6 Cmte, his reneging on debt limit deal and his actions this weekend are all the reasons."
- Caldwell's report from Congress supports several others from Congressional reporters suggesting that House Minority Leader Hakeem Jeffries (D-NY) has directed his caucus to refrain from intervening in the Republican conflict on behalf of McCarthy.
- The New Democrat Coalition, the largest Democrat bloc in the House, released a statement a short time ago stating: "Speaker McCarthy has proven that he is not a man of his word. He is simply not trustworthy."
- Without Democrat support to "table" the resolution, a full House vote on the motion to vacate the chair and remove McCarthy from office will go ahead at around 13:00 ET 18:00 BST.
- McCarthy can stand to lose around five votes if all members vote.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.