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MNI POLITICAL RISK ANALYSIS – Week Ahead July 27-August 2

by Tom Lake

Monday 27 July:

  • United States: Republicans due to announce proposals for the next round of COVID-19 economic stimulus measures. These are set to include a USD1,200 per person direct cash payments, and an extension to the federal ban on evictions. The bill is set to be introduced in the Senate by Majority Leader Mitch McConnell, with the White House having previewed the details of the legislation on Sunday 26 July. Following a disagreement between the White House and Senate Republicans that delayed publication of the bill, a payroll tax cut will not be included. The bill's introduction will mean a new set of negotiations with Congressional Democrats, who passed a USD3trn recovery package in the House in May.
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