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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 AccessMIDTERMS: GOP Hawks Poised To Take Leadership Of Armed Services Committees
Key members of the House and Senate Armed Services Committees are facing tight midterm races today.
- Vice Chair of the HASC, Rep Elaine Luria (D-VI), and HASC members Rep Elissa Slotkin (D-MI), and Rep Jared Golden (D-ME) all vulnerable.
- Senator Mark Kelly (D-AZ) of the SASC also facing a tight contest in Arizona.
- If Republicans flip the House, defence hawk Rep. Mike Rogers (R-AL) is expected to take over as HASC chair.
- If Republicans flip the Senate, Roger Wicker (R-MI), another hawk, likely to succeed ranking member Senator Jim Inhofe (R-OK) as chair of the Senate Armed Services Committee chair.
- A shakeup of Congressional Armed Services panels could push Biden to commit substantially more to the must-pass Defence Authorization Act, or rush it through the lame-duck session of Congress.
- Republican control of armed services committees could also drive a more hawkish US position on China and affect Senator Joe Machin’s (D-WV) energy permitting reform bill which Republicans and progressive Democrats blocked from riding on the stop-gap funding bill in September.
- Manchin said last month: “I’ve tried to put it in the continuing resolution, and I’m working now on getting it in the National Defense Authorization.”
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.