MNI BRIEF: US GDP Growth Slowed More Than Expected In 4Q

MNI: ECB CUTS KEY DEPOSIT RATE BY 25 BP TO 2.75%

MNI: GERMANY Q4 FLASH GDP -0.2% Q/Q, -0.2%Y/Y

MNI: BRAZIL'S COPOM RAISES SELIC RATE BY 100 BPS TO 13.25%

MNI: Fed Statement Comparison - January vs. December

MNI INTERVIEW2: New NBH Chief Must Clarify Reaction Function

US EIA:NAT GAS STORAGE -321 BCF TO 2,571 BCF JAN 24 WK

MNI: US NAR DEC PENDING HOME SALES INDEX 74.2 V 78.5 IN NOV

MNI: US Q4 GDP +2.3%

GERMANY: Economy Ministry Lowers 2025 Growth Forecast As Expected

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI POLITICAL RISK - Senate Outflanks House On Reconciliation

Daily round-up of news from the US.
StoryPolitical Risk

Executive summary: 

  • The OMB rescinded a memorandum calling on federal government agencies to freeze spending, delivering President Donald Trump his first major setback. The episode demonstrated the limits of executive authority over appropriated funds, suggesting Trump will have to lean on Congress if he is to enact durable change to federal spending.
  • House Republicans departed a retreat in Miami without making significant headway on their reconciliation agenda.
  • Amid House GOP struggles, Senate Majority Leader John Thune (R-SD) said yesterday a “text is ready” for the Senate's two-bill reconciliation plan.
  • The Senate will vote today on Interior Secretary nominee, Doug Burgum, and Energy Secretary nominee, Chris Wright. Burgum will oversee a broad portfolio; he has also been tapped as Trump’s ‘Energy Czar’ and will take a seat on the White House National Security Council.
  • Three of Trump’s most controversial nominees are in front of Senate committees today, with DNI nominee Tulsi Gabbard and FBI director pick Kash Patel facing their first nomination hearings and Health Secretary nominee, Robert F. Kennedy Jr., facing a second bout of Senate scrutiny.
  • Trump's Commerce Secretary nominee Howard Lutnick took a hawkish line on China and stated his preference for across-the-board tariffs, during his nomination hearing yesterday.
  • Trump issued a critical assessment of Fed chair Jerome Powell after the Fed paused interest rate cuts yesterday.
  • Poll of the Day: Trump's initial approval rating is slightly stronger than his first term but low by historical standards. 

Please find the full article attached below: US DAILY BRIEF

246 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Executive summary: 

  • The OMB rescinded a memorandum calling on federal government agencies to freeze spending, delivering President Donald Trump his first major setback. The episode demonstrated the limits of executive authority over appropriated funds, suggesting Trump will have to lean on Congress if he is to enact durable change to federal spending.
  • House Republicans departed a retreat in Miami without making significant headway on their reconciliation agenda.
  • Amid House GOP struggles, Senate Majority Leader John Thune (R-SD) said yesterday a “text is ready” for the Senate's two-bill reconciliation plan.
  • The Senate will vote today on Interior Secretary nominee, Doug Burgum, and Energy Secretary nominee, Chris Wright. Burgum will oversee a broad portfolio; he has also been tapped as Trump’s ‘Energy Czar’ and will take a seat on the White House National Security Council.
  • Three of Trump’s most controversial nominees are in front of Senate committees today, with DNI nominee Tulsi Gabbard and FBI director pick Kash Patel facing their first nomination hearings and Health Secretary nominee, Robert F. Kennedy Jr., facing a second bout of Senate scrutiny.
  • Trump's Commerce Secretary nominee Howard Lutnick took a hawkish line on China and stated his preference for across-the-board tariffs, during his nomination hearing yesterday.
  • Trump issued a critical assessment of Fed chair Jerome Powell after the Fed paused interest rate cuts yesterday.
  • Poll of the Day: Trump's initial approval rating is slightly stronger than his first term but low by historical standards. 

Please find the full article attached below: US DAILY BRIEF