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MNI POLITICAL RISK - House To Vote On First FY24 Package Today

US
  • House Speaker Mike Johnson (R-LA) will bring the first FY2024 package to the floor for a vote today. As the vote will be taken under suspension of rules, it will require a two-thirds bipartisan majority to pass. It will then be handed to the Senate where the Majority Leader Chuck Schumer (D-NY) will push the package through to avert a partial government shutdown at midnight on Friday.
  • 10:00 ET 15:00 GMT: Fed Chair Jerome Powell will provide testimony on the Semiannual Monetary Policy Report to the House Financial Services Committee.
  • Super Tuesday delivered comprehensive victories for former President Donald Trump and President Joe Biden but hinted at vulnerabilities for both presumptive presidential nominees. We have a full roundup of Super Tuesday implications inside.
  • Former South Carolina Governor Nikki Haley is expected to suspend her campaign for the Republican presidential nomination today.
  • Despite polling giving Trump a slight lead, Washington insiders remain sceptical that Trump can defeat Biden in November.
  • High-profile moderate Democrat Rep Adam Schiff (D-CA) appears set to take the vacant Senate seat of the late Senator Dianne Feinstein in November.
  • Senator Kyrsten Sinema's (I-AZ) decision not to run for re-election may boost the GOP in November and could threaten the Senate filibuster in the long-term.
  • The House Commerce Committee will mark up new legislation on Thursday which calls on Chinese company Bytedance divest TikTok or face a US ban.
  • Poll of the Day: CEOs are markedly more confident about the economy than they were three months ago.
Full article: US Daily Brief
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  • House Speaker Mike Johnson (R-LA) will bring the first FY2024 package to the floor for a vote today. As the vote will be taken under suspension of rules, it will require a two-thirds bipartisan majority to pass. It will then be handed to the Senate where the Majority Leader Chuck Schumer (D-NY) will push the package through to avert a partial government shutdown at midnight on Friday.
  • 10:00 ET 15:00 GMT: Fed Chair Jerome Powell will provide testimony on the Semiannual Monetary Policy Report to the House Financial Services Committee.
  • Super Tuesday delivered comprehensive victories for former President Donald Trump and President Joe Biden but hinted at vulnerabilities for both presumptive presidential nominees. We have a full roundup of Super Tuesday implications inside.
  • Former South Carolina Governor Nikki Haley is expected to suspend her campaign for the Republican presidential nomination today.
  • Despite polling giving Trump a slight lead, Washington insiders remain sceptical that Trump can defeat Biden in November.
  • High-profile moderate Democrat Rep Adam Schiff (D-CA) appears set to take the vacant Senate seat of the late Senator Dianne Feinstein in November.
  • Senator Kyrsten Sinema's (I-AZ) decision not to run for re-election may boost the GOP in November and could threaten the Senate filibuster in the long-term.
  • The House Commerce Committee will mark up new legislation on Thursday which calls on Chinese company Bytedance divest TikTok or face a US ban.
  • Poll of the Day: CEOs are markedly more confident about the economy than they were three months ago.
Full article: US Daily Brief