MNI POLITICAL RISK - Biden And Harris To Make Joint Appearance

Executive Summary:

• President Biden and Vice President Harris will appear together today for the first time since Biden withdrew from the race. The pair will tout an announcement that Medicare is expected to save USD$6b following price negotiations as a major victory for the Inflation Reduction Act.
• Former President Donald Trump will be at his golf club in New Jersey to deliver his second press conference in a week. Trump made several noteworthy comments at a campaign event in North Carolina yesterday, including signalling openness to expanding his tariff plans and pledging to cut energy costs in half within the first 18 months of a new term.
• Governor Tim Walz (D-MN) committed to a CBS-hosted vice-presidential debate with Senator JD Vance (R-OH) on October 1.
• Presidential ad spending is at record highs after Harris' late entry accelerated the race.
• Experts believe Harris is unlikely to significantly break from Biden's economic approach.
• The three most vulnerable Senate Democrats are expected to skip the Democratic National Convention, fearing Harris could drag their campaigns in Republican-leaning states.
• Harris could bolster Democrat chances of flipping the House of Representatives in November.
• Senate Majority Leader Chuck Schumer (D-NY) is the latest senior politician to embrace the crypto industry.
• High-stakes Gaza ceasefire negotiations get underway in Doha today. Trump may have encouraged Israeli Prime Minister Benjamin Netanyahu to take a ceasefire deal, in a call yesterday.
• Poll of the Day: Democrat enthusiasm surges under Harris.

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MNIPOLRISKUSDaily150824.pdf