Free Trial

MNI POLITICAL RISK ANALYSIS - US Daily Brief 16-05-23

Executive Summary:

  • President Biden will host House Speaker Kevin McCarthy (R-CA) and the three other leaders of Congress for a crunch debt limit summit in the Oval Office today.
  • The Senate Appropriations Committee will hear testimony from Defense Secretary Lloyd Austin, Secretary of State Antony Blinken, and Commerce Secretary Gina Raimondo today on the “Path Ahead for the U.S.-China Relationship,” a potentially important hearing for the future of US-China relations and a rare opportunity to see three high-profile cabinet members testify to the same panel.
  • The Senate Banking Committee and House Financial Services Committee will hold key hearings on the collapse of of SVB and the future of financial regulation today.
  • President Biden's trip to Papua New Guinea may have important long-term security implications for the Indo-Pacific region.
  • Senior Biden administration officials will hold a classified briefing for all Senators today on Iran’s nuclear programme and military cooperation with Russia.
  • Ukraine Caucus Co-Chair Rep. Mike Quigley (D-IL) says he is concerned that the debt limit standoff could derail future security assistance to Ukraine.
  • Poll of the Day: US voters believe that Rep. George Santos (R-NY) should resign.

Please find the full article attached below:

MNI POLITICAL RISK ANALYSIS - US Daily Brief 16-05-23 .pdf

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.