MNI POLITICAL RISK ANALYSIS - US Daily Brief 13-04-23

Executive Summary:

• President Biden is continuing his tour of Ireland today, meeting with President Michael Higgins and Prime Minister Leo Varadkar in Dublin before addressing a session of the Irish Parliament.
• House Republicans have begun work on a debt limit proposal designed to kick start negotiations with Democrats. The White House says that President Biden is theoretically ready to negotiate with House Speaker Kevin McCarthy (R-CA) but outwardly maintains that government spending can only be discussed after Congress raises the debt ceiling.
• Ukrainian Prime Minister Denys Shmyhal renewed calls for advanced fighter planes during a meeting with Defense Secretary Lloyd Austin at the Pentagon amid the fallout from a potentially damaging intelligence leak.
• NEC Director Lael Brainard said yesterday that, "the US banking system is stable, sound and well capitalized."
• Senator Tammy Baldwin (D-WI) announced yesterday she will run for a third term in the United States Senate.
• Progressive House Rep Ro Khanna (D-CA) has called on Senator Dianne Feinstein (D-CA) to take early retirement as her health problems hold up key judicial nominations.
• US Energy Secretary Jennifer Granholm said yesterday that the Department of Energy plans to refill the Strategic Petroleum Reserve if oil prices remain "advantageous to taxpayers" during the rest of the year.
• Poll of the Day: There is an increasing partisan divide on whether the government should prioritise economic growth or environmental protection.

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MNI POLITICAL RISK ANALYSIS - US Daily Brief 13-04-23 .pdf