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Executive Summary:

  • Democrats and Republicans continue their uneasy standoff over raising the debt limit.
  • Senate Majority Leader Chuck Schumer (D-NY) will say on the Senate floor today: “The debt limit is a first big test for House Republicans if they will practice what they preach..."
  • Department of Justice investigators announced over the weekend that they have retrieved more classified documents from President Biden’s Delaware home after an extensive search.
  • Former President Donald Trump has issued a statement urging Republicans to refrain from cuts to Social Security and Medicare payments.
  • Biden gets a new Chief of Staff.
  • G7 officials have agreed to review the price cap on Russian seaborne crude oil in March, later than expected.
  • The Pentagon has begun early planning for a potential visit to Taiwan by House Speaker Kevin McCarthy (R-CA).
  • Poll of the Day: Most Americans disapprove of Congress, “fighting over money and shutting down the normal functioning of government.”

Please find the full article attached below:

MNI POLITICAL RISK ANALYSIS - US Daily Brief 23-01-23 .pdf

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