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MNI POLITICAL RISK - Speaker Johnson Eyes Tuesday Budget Vote

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

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Executive summary:

  • House Speaker Mike Johnson (R-LA) will press forward this week in his bid to adopt a budget resolution to underpin a multi-trillion reconciliation package. A vote this week, without clear GOP support for the measure, risks a defeat for Johnson that would hand the initiative back to the Senate, who passed their competing budget resolution last week. 
  • Johnson and Budget Committee Chair Jodey Arrington (R-TX) are reportedly surveying members about counting the cost of extending the 2017 TCJA as zero. 
  • BlackRock and the Bipartisan Policy Center are convening a summit of business and political leaders to address the “impending crisis” surrounding Americans’ retirement plans.
  • President Trump’s special advisor Elon Musk is facing pushback from other corners of the executive, after his Department of Government Efficiency issued a directive for government employees to justify their role or risk having their employment terminated.
  • Kremlin spokesperson Dmitri Peskov told reporters this morning that US and Russian officials will hold further talks this week, ahead of another key week of Ukraine diplomacy with French President Emmanuel Macron in Washington today and UK Prime Minister Keir Starmer in Washington Thursday for bilateral meetings with President Trump. 
  • Macron and Trump will deliver a joint press conference at the White House at 14:00 ET 19:00 GMT.
  • Ukraine's deputy prime minister said negotiators “are in the final stages” of talks regarding a minerals deal.
  • Poll of the Day: Trump's polling numbers are "flashing yellow". 

Please find the full article attached below: US DAILY BRIEF 

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Executive summary:

  • House Speaker Mike Johnson (R-LA) will press forward this week in his bid to adopt a budget resolution to underpin a multi-trillion reconciliation package. A vote this week, without clear GOP support for the measure, risks a defeat for Johnson that would hand the initiative back to the Senate, who passed their competing budget resolution last week. 
  • Johnson and Budget Committee Chair Jodey Arrington (R-TX) are reportedly surveying members about counting the cost of extending the 2017 TCJA as zero. 
  • BlackRock and the Bipartisan Policy Center are convening a summit of business and political leaders to address the “impending crisis” surrounding Americans’ retirement plans.
  • President Trump’s special advisor Elon Musk is facing pushback from other corners of the executive, after his Department of Government Efficiency issued a directive for government employees to justify their role or risk having their employment terminated.
  • Kremlin spokesperson Dmitri Peskov told reporters this morning that US and Russian officials will hold further talks this week, ahead of another key week of Ukraine diplomacy with French President Emmanuel Macron in Washington today and UK Prime Minister Keir Starmer in Washington Thursday for bilateral meetings with President Trump. 
  • Macron and Trump will deliver a joint press conference at the White House at 14:00 ET 19:00 GMT.
  • Ukraine's deputy prime minister said negotiators “are in the final stages” of talks regarding a minerals deal.
  • Poll of the Day: Trump's polling numbers are "flashing yellow". 

Please find the full article attached below: US DAILY BRIEF