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Executive Summary:

  • US authorities are monitoring a suspected Chinese spy balloon spotted in high altitude over Montana yesterday, just days before a highly anticipated meeting between US Secretary of State Antony Blinken and his Chinese counterparts in Beijing.
  • House Speaker Kevin McCarthy (R-CA) told reporters yesterday that that he believes the debt ceiling must be lifted, "but you have to cut spending."
  • McCarthy notched up his first big win as Speaker yesterday when he convinced detractors from his caucus to vote to remove Rep Ilhan Omar (D-MN) from the House Foreign Affairs Committee.
  • Senator Chris Van Hollen (D-MD) has called Turkey an “unfaithful” ally, and a bipartisan group of 29 senators have written to President Biden urging him delay the sale of F-16s until Turkey approves Sweden and Finland’s NATO accession.
  • Secretary of State Antony Blinken with meet with his South Korean counterpart Foreign Minister Park Jin at the Department of State today as North Korea escalates its nuclear rhetoric.
  • Poll of the Day: President Biden's approval rating has recovered after the "documents" dip.

Please find the full article attached below:

MNI POLITICAL RISK ANALYSIS - US Daily Brief 03-02-23 .pdf

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