Free Trial

MNI POLITICAL RISK - Leaders Eye Stopgap To Avoid Gov Shutdown

Executive Summary:

  • Senate Majority Leader Chuck Schumer (D-NY) and House Speaker Kevin McCarthy (R-CA) have both confirmed they intend to pursue a Continuing Resolution to keep the government funded beyond the end of FY23 on September 30. A stopgap has long appeared likely but any move to advance a short-term measure is likely to face stiff opposition from conservative House Republicans.
  • Fulton County prosecutors have requested an ambitious March 4 trial date for their conspiracy case against former President Donald Trump, raising the prospect that Trump could be in the courtroom for large swathes of Republican primary season and 2024 presidential election campaigning.
  • The prevailing wisdom states that the four criminal indictments against Trump have strengthened Trump’s prospect of taking the Republican nomination but recent polls and betting market data suggest that they may weaken his chances against President Biden in 2024.
  • Biden will travel to Maui, Hawaii on August 21 amid Republican criticism of his response to the disaster.
  • US Secretary of State Antony Blinken will meet with Israel Minister for Strategic Affairs Ron Dermer today amid concerns that the Netanyahu government's ongoing judicial overhaul may affect regional security.
  • Poll of the Day: Ramaswamy's rise continues.

Please find the full article attached below:

MNI POLITICAL RISK ANALYSIS - US Daily Brief 17-08-23 .pdf


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.