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Executive Summary:

  • Former President Donald Trump returns to Washington DC today for the first time since he was ousted from the White House in 2021.
  • Domestic events in China may elevate the risk of a flashpoint between China and the US if House Speaker Nancy Pelosi (D-CA) follows through with plans to visit Taiwan.
  • President Biden has followed the lead of his Treasury Secretary, Janet Yellen, by expressing cautious optimism that the United State will avoid falling into recession.
  • Senate Majority Leader Chuck Schumer (D-NY) has seen another spanner thrown in works of his legislative agenda. This time from the weather and COVID-19.
  • Cloture is expected on CHIPS-Plus today. Biden said: “America invented the semiconductor. It’s time to bring it home.”
  • Poll of the Day: Alaska Republican Senator Lisa Murkowski (R-AL) is bucking the incumbent trend.

Please find the full article attached below:

MNI POLITICAL RISK ANALYSIS – US Daily Brief 26-07-22 .pdf

Chart 1: Senator Lisa Murkowski approval

Morning Consult

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