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MNI POLITICAL RISK ANALYSIS - US Daily Brief 31-03-23

Executive Summary:

  • Former President Donald Trump has been indicted by a Manhattan Grand Jury in around 30 charges of business fraud related to the alleged payment of hush-money to adult film star, Stormy Daniels. Trump is expected to be booked and processed on Tuesday with specific charges to be released when Trump is arraigned next week.
  • A criminal indictment will have no legal bearing on Trump’s 2024 presidential candidacy and a conviction is far from guaranteed. Of the five ongoing investigations into Trump, the Manhattan case was considered by most legal experts the least likely to result in a conviction.
  • We have a roundup of the reactions from Capitol Hill and how a Trump indictment may influence the 2024 presidential election.
  • House Speaker Kevin McCarthy (R-CA) told reporters yesterday that House Republicans may move to legislate their own debt limit plan if President Biden continues to stonewall attempts to negotiate a bipartisan proposal.
  • The House of Representatives yesterday passed the GOP’s flagship energy legislation HR1.
  • The detainment of Wall Street Journal correspondent Evan Gershkovich has raised concerns over the future of reliable information coming out of Russia.
  • The Japanese government has followed Washington’s lead and subjected advanced semiconductor equipment to export controls.
  • Poll of the Day: The criminal indictment on former President Donald Trump has done little to dent his chances of the taking the 2024 Republican nomination.

Please find the full article attached below:

MNI POLITICAL RISK ANALYSIS - US Daily Brief 31-03-23 .pdf

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Political Market NewsPolitical Risk

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