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Executive Summary:

  • It has been a busy day in Israel for President Joe Biden. He hosted a summit and gave a hawkish presser with Israeli caretaker Prime Minister Yair Lapid.
  • Biden administration officials continue a world tour to drum up support for a price cap on Russian oil.
  • Washington is unlikely to apply secondary sanctions upon countries who refuse to join the price cap.
  • Lawmakers appear to be coalescing around a slimmed down USICA/CHIPS bill.
  • Booming inflation may have implications for the ~USD1 trillion reconciliation bill.
  • Former President Donald Trump may announce a bid for a second term in September.
  • Poll of the Day: Dissatisfaction with both political parties continues to increase.

Pew Research Center

Please find the full article attached below:

MNI POLITICAL RISK ANALYSIS – US Daily Brief 14-07-22 .pdf

To read the full story



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