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MNI POLITICAL RISK ANALYSIS - US Daily Brief 01-03-23

Executive Summary:

  • President Joe Biden has challenged House Speaker Kevin McCarthy (R-CA) to stop "making threats about default" and "lay out" his budget so they can "fight it out."
  • President Biden has nominated Deputy Labor Secretary Julie Su to replace outgoing Labor Secretary Marty Walsh.
  • President Biden’s executive order to forgive student loan debt appears on track to be struck down by the Supreme Court.
  • Chicago Mayor Lori Lightfoot has lost her bid for re-election amid attacks on crime and a steep decline in support.
  • A batch of new polls show former President Donald Trump has surged back into contention for 2024.
  • US Secretary of State Antony Blinken has told reporters he “has no plans” to meet his Chinese and Russian counterparts at the G20 foreign ministerial.
  • The House Financial Services committee has advanced 10 bipartisan bills designed to restrain China’s economic power.
  • Kyiv is pushing to set up a virtual meeting between Ukrainian President Volodymyr Zelenskyy and House Speaker Kevin McCarthy (R-CA) to address aid concerns.
  • The International Atomic Energy Agency has warned that Iran is dangerously close to enriching uranium to weapons grade levels.
  • Poll of the Day: Trump is now favoured by Republican voters over Florida Governor Ron DeSantis (R-FL) for the first time since Trump's campaign launch.

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