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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.
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Free AccessHouse Passes USD886bn NDAA, Moves To Biden's Desk
The House of Representatives has passed by a 310-188 margin the National Defense Authorization Act, valued at USD886bn, that will see the Pentagon funded for another 12 months. Having already been passed in the Senate, the NDAA now goes to President Biden's desk for sign-off.
- While the bill has eventually gone through with significant bipartisan support, historically the NDAA would pass with relatively little fanfare (for example the 2007 NDAA passed the House 398-23). That 188 representatives voted against the continued funding of the Department of Defense highlights the continued division within the House Republican caucus.
To read the full story
Sign up now for free trial access to this content.
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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.