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MNI POLITICAL RISK - Biden And Trump Plan Trips To Detroit

Executive Summary:

  • Congress will return to Washington tomorrow no closer to averting a government shutdown. House Speaker Kevin McCarthy (R-CA) plans to take one final run at passing FY24 spending bills before pivoting to a Continuing Resolution but it is unclear if McCarthy has the votes to move legislation to the floor let alone pass any bills.
  • Senate Majority Leader Chuck Schumer (D-NY) intends to begin work tomorrow on a Senate CR which will heap further pressure on McCarthy.
  • President Biden and former President Donald Trump will both undertake dueling trip to Detroit this week to court union votes ahead of the 2024 presidential election.
  • Senator Bob Menendez, chair of the Senate Foreign Relations Committee, is facing calls to resign after federal prosecutors indicted the Senator on three federal corruption charges.
  • President Biden will host a summit of Pacific Island leaders at the White House today as his administration attempts to fortify relations in the Pacific.
  • Poll of the Day: A widely shared survey has found former President Donald Trump leading President Biden in a hypothetical 2024 matchup 51-42%.

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MNIPOLRISKUSDaily250923.pdf

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