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MNI POLITICAL RISK ANALYSIS - US Daily Brief 17-04-23

Executive Summary:

  • Lawmakers return to Washington D.C. today with as little as seven weeks until the federal government nudges into the debt ceiling.
  • House Speaker Kevin McCarthy (R-CA) will deliver an address to Wall Street at 10:00 ET 15:00 BST outlining his plan to avert a default.
  • Foreign Ministers from the G7 have gathered in Karuizawa, Japan for a series of meetings on multilateral issues - highlighting the need for coordination on China and intensifying sanctions on Russia.
  • Commerce Secretary Gina Raimondo says that more than 200 companies have expressed interest in CHIPS funding.
  • Former Secretary of State Mike Pompeo has ruled himself out of running for the White House in 2024.
  • A US Presidential Delegation will travel to Belfast, April 17-19, to attend the 25th anniversary of the Good Friday Agree.
  • US Secretary of State Antony Blinken travelled to Vietnam over the weekend for meetings with Vietnamese officials and to break ground on the new US embassy in Hanoi.
  • Poll of the Day: Historical data suggest that although President Biden may be suffering from poor approval, it is an imperfect indicator of future presidential election results.

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