Free Trial

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

US
  • Congressional leaders have unveiled a USD$435 billion six-bill package for fiscal year 2024. A House vote is expected on Wednesday with the Senate to follow ahead of Friday's funding deadline.
  • As Democrats will line up behind the package, House Speaker Mike Johnson (R-LA) will be targeting a yes vote from the majority of his conference to offset the risk of a rebellion from his conservative flank.
  • Federal Reserve Chair Jerome Powell will deliver the Semiannual Monetary Policy Report to Congress this week.
  • Speaker Johnson may be open to a new deal on border security to unlock a vote on a foreign aid bill.
  • Vice President Kamala Harris and National Security Advisor Jake Sullivan will meet Israeli War Cabinet member Benny Gantz today at the White House.
  • White House Middle East Envoy Amos Hochstein will arrive in Lebanon today for talks on de-escalating tensions between Hezbollah and Israel.
  • Former South Carolina Governor Nikki Haley's (R) D.C. primary win is unlikely to impede former President Donald Trump's procession to the Republican presidential nomination.
  • Delays to Trump's four criminal cases has raised doubts that any of the trials will get underway before the presidential election in November.
  • Poll of the Day: President Biden has been hit with another survey suggesting he is too old, too unpopular, and cratering support amongst non-white voters.
Full article: US Daily Brief

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.