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MNI POLITICAL RISK - Risk Of Government Shutdown Recedes

Daily round-up of news from the US.

Political RiskPolitical Market News

Executive Summary:

  • The presidential election is officially underway, with in-person early voting kicking-off today in Minnesota, South Dakota, and Virginia.
  • Two of Vice President Kamala Harris' top aides spent the past two days meeting financial executives in New York to bolster her credentials as the business-friendly candidate.
  • Any risk of a government shutdown appears to have receded after House Speaker Mike Johnson (R-LA) indicated he is likely to accept a three-month Continuing Resolution, stripped of a partisan non-citizen voting bill.
  • President Biden said yesterday that the Fed’s decision to lower interest rates is an "important signal" that inflation has come back down.
  • Democrats are optimistic that a major scandal involving North Carolina Republican gubernatorial candidate, Mark Robinson (R), could negatively impact former President Donald Trump in the critical swing state.
  • Trump and Nebraska Governor Jim Pillen (R-NE) are making a last-ditch effort to revoke Nebraska’s split Electoral College vote allocation. Trump’s strategy may be calculated to prevent Maine from making a similar move to cancel out a potential lost Democrat elector.
  • President Biden will host leaders from India, Australia, and Japan this weekend for his final meeting of the Quad.
  • Biden and Harris will meet separately with Ukrainian President Volodymyr Zelenskyy at the White House on Thursday, September 26.
  • Poll of the Day: Nate Silver’s election forecast model has converged back to a 50-50 race, after several weeks leaning towards Trump.

Please find the full article attached below:

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Executive Summary:

  • The presidential election is officially underway, with in-person early voting kicking-off today in Minnesota, South Dakota, and Virginia.
  • Two of Vice President Kamala Harris' top aides spent the past two days meeting financial executives in New York to bolster her credentials as the business-friendly candidate.
  • Any risk of a government shutdown appears to have receded after House Speaker Mike Johnson (R-LA) indicated he is likely to accept a three-month Continuing Resolution, stripped of a partisan non-citizen voting bill.
  • President Biden said yesterday that the Fed’s decision to lower interest rates is an "important signal" that inflation has come back down.
  • Democrats are optimistic that a major scandal involving North Carolina Republican gubernatorial candidate, Mark Robinson (R), could negatively impact former President Donald Trump in the critical swing state.
  • Trump and Nebraska Governor Jim Pillen (R-NE) are making a last-ditch effort to revoke Nebraska’s split Electoral College vote allocation. Trump’s strategy may be calculated to prevent Maine from making a similar move to cancel out a potential lost Democrat elector.
  • President Biden will host leaders from India, Australia, and Japan this weekend for his final meeting of the Quad.
  • Biden and Harris will meet separately with Ukrainian President Volodymyr Zelenskyy at the White House on Thursday, September 26.
  • Poll of the Day: Nate Silver’s election forecast model has converged back to a 50-50 race, after several weeks leaning towards Trump.

Please find the full article attached below:

Keep reading...Show less