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MNI POLITICAL RISK - Johnson Eyes Funding Stopgap Through Sept

Daily round-up of news from the US.
HomepageStoryPolitical Risk

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Executive summary:

  • President Donald Trump will make an “investment announcement” at the White House at 13:30 ET 18:30 GMT. Trump has previously appeared alongside representatives of SoftBank, OpenAI, Apple, and DAMAC to announce private investment projects, touting them as wins for his administration’s business-friendly policies.
  • Trump said on Truth Social this morning ahead of tomorrow's address to Congress: “TOMORROW NIGHT WILL BE BIG. I WILL TELL IT LIKE IT IS!”
  • Speaker Johnson (R-LA) intends to pursue a ‘clean’ Continuing Resolution to extend government funding through September 30.
  • US Commerce Secretary Howard Lutnick said yesterday the US intends to impose tariffs on Canada and Mexico on Tuesday, but the situation is “fluid”.
  • Cryptocurrencies rallied after Trump announced that Bitcoin, Ether, and several lesser-known tokens will be included in the administration’s strategic crypto reserve.
  • Elon Musk reissued his instruction to federal workers to justify their work or face dismissal.
  • Agriculture Secretary Brooke Rollins said farmers will receive the first tranche of USD$30 billion authorised by Congress “soon”.
  • Europe has moved to replace the US as Ukraine’s primary security guarantor. Further European action will be coordinated at a special EU summit on Thursday. Zelenskyy indicated he is willing to re-engage with Trump.
  • Secretary of State Marco Rubio invoked “emergency authorities” to send a USD$4 billion weapons package to Israel amid concerns over the Gaza ceasefire agreement.
  • Chart of the Day: "Very few" Americans support cuts to government services.

Please find the full article attached below: US DAILY BRIEF

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Executive summary:

  • President Donald Trump will make an “investment announcement” at the White House at 13:30 ET 18:30 GMT. Trump has previously appeared alongside representatives of SoftBank, OpenAI, Apple, and DAMAC to announce private investment projects, touting them as wins for his administration’s business-friendly policies.
  • Trump said on Truth Social this morning ahead of tomorrow's address to Congress: “TOMORROW NIGHT WILL BE BIG. I WILL TELL IT LIKE IT IS!”
  • Speaker Johnson (R-LA) intends to pursue a ‘clean’ Continuing Resolution to extend government funding through September 30.
  • US Commerce Secretary Howard Lutnick said yesterday the US intends to impose tariffs on Canada and Mexico on Tuesday, but the situation is “fluid”.
  • Cryptocurrencies rallied after Trump announced that Bitcoin, Ether, and several lesser-known tokens will be included in the administration’s strategic crypto reserve.
  • Elon Musk reissued his instruction to federal workers to justify their work or face dismissal.
  • Agriculture Secretary Brooke Rollins said farmers will receive the first tranche of USD$30 billion authorised by Congress “soon”.
  • Europe has moved to replace the US as Ukraine’s primary security guarantor. Further European action will be coordinated at a special EU summit on Thursday. Zelenskyy indicated he is willing to re-engage with Trump.
  • Secretary of State Marco Rubio invoked “emergency authorities” to send a USD$4 billion weapons package to Israel amid concerns over the Gaza ceasefire agreement.
  • Chart of the Day: "Very few" Americans support cuts to government services.

Please find the full article attached below: US DAILY BRIEF