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Free AccessMNI: PBOC Net Injects CNY28.8 Bln via OMO Thursday
Harris Makes Third Trip To Wisconsin Since Launching Campaign
Vice President Kamala Harris will take a short break from the Democratic National Convention in Chicago today to make a third campaign stop in Wisconsin today. She is scheduled to deliver remarks are scheduled to begin at 21:00 ET 02:00 BST.LIVESTREAM
- Wisconsin is one of the three Rust Belt states that could ultimately determine the presidential election winner. Notably, 2016 Democrat presidential candidate Hillary Clinton failed to visit the state during her campaign, a strategy that was critised when the state voted for Trump as a part of a broader midwestern Republican wave.
- Melissa Baldauff, a Milwaukee-based Democratic political strategist, said: "This is her third visit to Wisconsin since announcing her campaign, and seventh total this year. So there's a real, real clear commitment to Wisconsin."
- The event comes as Harris' economic agenda starts to take shape. Harris has thrown her weight behind several populist plans to address rising prices, including a proposal to boost first-time homebuyers and a pledge to crack down on corporate price gouging.
- Harris also appears to have endorsed much of President Biden's FY2025 budget to generate revenue, including a plan to raise the corporation tax rate to 28% and hike taxes on billionaires.
- FT notes: “Her tax plan for businesses contrasts sharply with [Trump’s], who is proposing slashing the corporate tax rate to 15 per cent. Harris’s plan would make the US’s corporate tax rate higher than the UK’s, at 25 per cent, and one of the highest among advanced economies.”
To read the full story
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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.