MNI POLITICAL RISK ANALYSIS - US Daily Brief 20-04-23

Executive summary:

• House Speaker Kevin McCarthy (R-CA) plans to bring his 320 page "Limit, Save, Grow Act" debt limit bill to the House floor next week. It will be the most significant test of his leadership since his marathon bid to become speaker in January. Full analysis of the proposal and reaction inside.
• Treasury Secretary Janet Yellen will stress that competition with China can be managed in a responsible way in remarks outlining the three pillars of the US-China strategy today at John Hopkins University
• President Biden’s nominee for Labor Secretary, Julie Su, will appear before the Senate HELP Committee today.
• Florida Governor Ron DeSantis’ (R-FL) expected presidential campaign took a hit yesterday when his “meet-and-greet” in Washington D.C. was undermined by Florida Republicans publicly endorsing former President Donald Trump.
• Defense Secretary Lloyd Austin delivered an optimistic message in Stockholm yesterday that Sweden would soon follow Finland into NATO.
• USTR Katherine Tai has told reporters after meetings in Japan that IPEF negotiations, “are likely to yield results this year,” despite a shaky first year of the initiative.
• Spanish Prime Minister Pedro Sanchez will travel to Washington D.C. on May 12 for a White House meeting with President Biden.
• Poll of the Day: Around 50% of US voters believe Trump did something illegal in Georgia.

Please find the full article attached below:

MNI POLITICAL RISK ANALYSIS - US Daily Brief 20-04-23 .pdf