MNI POLITICAL RISK - McCarthy Blinks In Govt Funding Showdown

Executive Summary:

• House Speaker Kevin McCarthy (R-CA) yesterday touted a breakthrough in efforts to avert a government shutdown on October 1. Under pressure from conservatives, McCarthy agreed to a CR which slashes spending, establishes a new commission to study debt, includes a strict immigration package, and strips out all Ukraine funding and disaster relief.
• Ukrainian President Volodymyr Zelenskyy begins the second leg of his US trip today, tasked with convincing Speaker McCarthy to approve a supplemental aid package which has become a central sticking point in the government funding showdown.
• Florida Governor Ron DeSantis (R-FL) has dropped to fifth place in New Hampshire GOP polling.
• At least six candidates have qualified for the second Republican presidential debate taking place on September 27 in Simi Valley, California.
• United Auto Workers appear set to expand their strike.
• President Biden and Israeli Prime Minister Benjamin Netanyahu finally held their first meeting.
• The White House has until September 30 to renew a key Pacific Island agreement.
• Poll of the Day: Most Americans don’t think President Biden should be removed from office via impeachment.

Please find the full article attached below:

MNIPOLRISKUSDaily210923.pdf