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MNI POLITICAL RISK - Democrat 2024 Hopes May Hinge On Manchin

Executive Summary:

  • Democrats are increasingly concerned that a “unity” presidential campaign from independent group, No Labels, could undercut Democrats in 2024, or hand Republicans the crucial West Virginia Senate seat of Senator Joe Manchin (D-WV).
  • The Senate will return tomorrow tasked with passing the National Defense Authorisation Act (NDAA) after House Speaker Kevin McCarthy (R-CA) scored a major win on Friday with his version of the bill.
  • Former President Donald Trump announced a hawkish border plan at a West Palm Beach event yesterday.
  • Florida Governor Ron DeSantis’ (R-FL) presidential campaign is still struggling to gain traction amid financial concerns and lack of confidence amongst key stakeholders.
  • US climate envoy John Kerry held talks today with his Chinese counterparts in Beijing as Washington continues actions to restore diplomatic relations.
  • Treasury Secretary Janet Yellen told reporters at the G20 Finance and Central Bank meeting in India yesterday that progress can be made in Chinese trade practices and US tariffs but warned that it’s “premature to use this as an area for de-escalation.”
  • Poll of the Day: 47% of Americans believe the country is in recession.

Please find the full article attached below:

MNI POLITICAL RISK ANALYSIS - US Daily Brief 17-07-23 .pdf

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