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

Executive Summary:

  • The 118th Congress begins today with a vote on the House floor to determine who becomes the next Speaker of the House of Representatives. With high levels of uncertainty surrounding support for House Minority Leader Kevin McCarthy (R-CA), the voting process is widely expected to a protracted affair and likely the most chaotic start to a Congress in recent history.
  • Senate Minority Leader Mitch McConnell (R-KY) will today celebrate becoming the longest-serving Senate leader ever.
  • New York Republican Representative-elect George Santos will take his seat in Congress today amid a political storm over accusations that he fabricated elements of his personal and professional life on the campaign trail.
  • US Secretary of State Antony Blinken held a call with incoming Chinese Foreign Minister Qin Gang on Sunday.
  • President Biden yesterday appeared to contradict remarks from his South Korean counterpart President Yoon Suk-yeol suggesting that the two countries were discussing joint exercises using US nuclear assets.
  • Poll of the Day: The intrigue surrounding the vote for the next Speaker of the US House of Representatives has seen the odds of Rep Steve Scalise (R-LA) becoming the next Speaker increase significantly since Christmas day.


Please find the full article attached below:

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


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