MNI POLITICAL RISK - Senate Border Bill Could Come This Week

Executive Summary:

• Senate negotiators are cautiously optimistic that they can release a final text of their US-Mexico border deal this week. There is also cautious optimism that the deal can unlock a vote on President Biden’s USD$106 billion supplemental funding request, but the fate of both will be determined House Speaker Mike Johnson (R-LA).
• President Biden on Friday signed into law a Continuing Resolution to extend government funding through two new deadlines in March but partisan disputes over spending, which have prevented movement on Fiscal Year 2024 bills, are likely to reemerge over the next 40 days.
• President Biden could receive a polling boost as confidence ticks up across a range of economic measures.
• Treasury Secretary Janet Yellen will deliver a major address at the Chicago Economic Club on Thursday, January 25, touting President Biden's agenda and the state of the economy.
• President Biden and Israeli Prime Minister Benjamin Netanyahu held their first call in weeks on Friday as disagreements over the future governance of Gaza continue to drive a wedge between the US and Israel.
• Florida Governor Ron DeSantis (R-FL) has suspended his presidential campaign.
• Poll of the Day: DeSantis’ withdrawal is unlikely to substantially impact former President Donald Trump's dominant frontrunner status ahead of Tuesday's New Hampshire primary election.

Please find the full article attached below:

MNIPOLRISKUSDaily220124.pdf