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MNI POLITICAL RISK - Democrats Overperform At Ballot Box Again

Executive Summary:

  • Democrats notched up a series of strong results yesterday in an off-year election day which appeared to buck recent negative polling on President Biden.
  • Ten days out from a government shutdown and there has been no plan released by House Republican leadership on strategy for a stopgap funding solution.
  • Senate Minority Leader Mitch McConnell (R-KY) yesterday stated publicly for the first time that Senate Republicans would not vote in favour of additional Ukraine aid without measures on the US-Mexico border.
  • Chinese President Xi Jinping is expected to meet top US business executives at APEC next week: A summit which could provide a major recalibration of economic ties between Beijing and Washington.
  • Five Republican presidential candidates will face off this evening in Miami in the third Republican presidential debate. Former President Donald Trump, whose huge polling lead provides little incentive to appear, will again skip the event and attend a rally nearby.
  • The US is expected to postpone IPEF talks on digital rules amid concerns from Congress.
  • Poll of the Day: Another poll shows Trump leading Biden in a 2024 hypothetical.

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MNIPOLRISKUSDaily081123.pdf


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