MNI POLITICAL RISK - Presidential Election Enters Final Phase

Executive Summary:

• Vice President Kamala Harris and former President Donald Trump will continue intensive swing states campaigning this week as Labor Day kicks off the home stretch of the presidential election.
• Harris and President Biden will speak at a union-focused event in Pittsburgh, Pennsylvania today - a rare public appearance for Biden who has kept a low public profile since delivering the keynote address on day one of the Democratic National Convention.
• Republicans may benefit from their strongest Electoral College advantage in decades, with Harris likely to require a +4 popular vote win to carry the Electoral College.
• Former President Donald Trump could utilize the International Emergency Economic Powers Act, bypassing Congress to impose his new tariff regime.
• House Speaker Mike Johnson (R-LA) and GOP leadership are expected to move a Continuing Resolution next week to punt government funding into March 2025.
• Former independent presidential candidate Robert F. Kennedy Jr is suing the North Carolina State Board of Elections to get his name removed from the state’s ballot.
• The expiration of Trump's 2017 tax cuts is likely to lead to a nationwide average increased tax burden of 2.4% for households.
• A strong Independent Senate run could challenge Republican Senator Deb Fischer (R-NE) in Nebraska.
• Russia announced on Sunday that it would shift its nuclear doctrine due to an “escalation course of our Western adversaries.”
• Poll of the Day: 67% of Americans think Trump would not be prepared to accept the election result as legitimate.

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