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MNI POLITICAL RISK - McCarthy Loses Control Of The House

US
  • Congress departed Washington yesterday with the House of Representatives at gridlock. House Speaker Kevin McCarthy's (R-CA) plan to advance a Pentagon spending bill was torpedoed by House conservatives who appear set on pushing the government towards a shutdown.
  • Ukrainian President Volodymyr Zelenskyy wrapped up his US trip yesterday without the hero’s reception he received in December last year and with the future of aid to his country in limbo. Zelenskyy received promises of continued support from President Biden but Congress remains jammed on a supplemental aid package which may determine the viability of Kyiv's war effort.
  • GOP presidential candidate, former South Carolina Governor Nikki Haley, will deliver a “major economic speech” staking out her brand of traditional conservatism today in New Hampshire.
  • A strike from United Auto Workers in Detroit is expected to expand today after negotiations between union leaders and the Big Three automakers failed to deliver progress.
  • The White House may be edging closer to a transformational plan to normalise relations between Israel and Saudi Arabia.
  • Poll of the Day: Democrat strategists will be hoping to capitalise on Republican dysfunction as President Biden's approval rating remains underwater.
Full article: US Daily Brief
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