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MNI POLITICAL RISK - Opposition To Jordan Fades Ahead Of Vote

Executive Summary:

  • After two weeks of paralysis, the House of Representatives will meet today at 12:00 ET 17:00 BST to vote on a new speaker. The odds have now swung toward Rep Jim Jordan (R-OH) with the pressure from the looming government shutdown and critical pending legislation compelling moderates to drop their objections.
  • Jordan is a divisive figure in Washington. His history of obfuscating Republican policy and regular flirtations with shutting down the government make him a difficult fit for leadership and his elevation to speaker would mark a major coup for the far-right of the Republican party. Full analysis of the implications of a Jordan speakership inside.
  • President Biden will travel to Israel on Wednesday to show solidarity and work to prevent the war escalating into a broader conflict. Biden's trip will be his second to an active warzone this year and one that entails greater risk than his February trip to Kyiv as it has been announced in advance and comes as Israel prepares a ground assault on Gaza.
  • Former President Donald Trump was hit will a narrow gag order yesterday. There are questions over how the order will be enforced and Trump’s legal team will argue that the order violates his freedom of speech.
  • The State Department has welcomed news that the government of Venezuelan President Nicholas Maduro is set to resume negotiations today with the opposition Unity Platform.
  • Poll of the Day: 59% of Americans believe gas prices are rising despite contrary data from energy analysts.

Please find the full article attached below:

MNIPOLRISKUSDaily171023.pdf

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