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MNI POLITICAL RISK - McCarthy's Conservative Problem Escalates

US
  • The debt limit crisis may be in the rear-view mirror but House Speaker Kevin McCarthy (R-CA) is still facing open revolt from the conservative wing of his caucus, this time pursing an unusual strategy to undermine House Republican leadership.
  • Senate Minority Leader Mitch McConnell (R-KY) yesterday appeared to oppose the position of Speaker McCarthy by speaking out in favour of supplemental defence spending.
  • The House Financial Services Committee will today hold a hearing on threats to the US dollar’s global reserve status.
  • US Secretary of State Antony Blinken may visit China in the coming weeks in what would be the most significant diplomatic engagement between Beijing and Washington since the 'spy balloon' incident.
  • UK Prime Minister Rishi Sunak has arrived in Washington DC for his first visit to the US capital as PM.
  • Former Vice President Mike Pence has officially launched his campaign for the 2024 Republican presidential nomination.
  • US Secretary of State Antony Blinken has met with Saudi Crown Prince Mohammad bin Salman.
  • Poll of the Day: US voters credit President Biden with passing debt limit legislation.
Full article: US Daily Brief
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EM BulletHomepagePolitical Market NewsCommoditiesEmerging Market NewsEnergy BulletsBulletMarketsFixed Income BulletsForeign Exchange Bullets

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