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MNI POLITICAL RISK - Speaker Johnson's Ukraine Plan At Risk

Executive Summary:

  • Treasury Secretary Janet Yellen departed yesterday on an extended trip to China where she will spend two days in the manufacturing hub Guangzhou before heading to Beijing for two-days of talks with senior Chinese officials.
  • House Speaker Mike Johnson’s (R-LA) three-pronged plan to push an amended Ukraine aid package through the House in return for some soft wins on energy policy appears to be foundering under pressure from House conservatives.
  • An Israeli air strike which killed seven workers from a US-based aid organisation in Gaza is unlikely to compel a major shift in US policy towards Israel. President Biden is expected to hold a “tense” phone call with Israeli Prime Minister Benjamin Netanyahu this morning.
  • US officials are concerned that Iran may strike US military targets in the Middle East in response to an Israeli air strike which killed a high-ranking IRGC military commander in Damascus, Syria on April 1.
  • US Deputy Secretary of State Kurt Campbell appeared to tease Japan’s future participation in the AUKUS ahead of a White House Official Visit from Prime Minister Fumio Kishida.
  • Nebraska’s state legislature yesterday rejected a last-minute bill endorsed by Governor Jim Pillen (R-NE) which would have likely netted Trump an additional electoral college vote in November.
  • Trump’s presidential campaign expects to raise USD$43 million at a Palm Beach fundraiser on Saturday.
  • The Nevada Senate race has been re-rated as a “toss-up.”
  • Poll of the Day: Voter enthusiasm is currently around the average for a presidential election.

Please find the full article attached below:

MNIPOLRISKUSDaily040424.pdf

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Political Market NewsPolitical Risk

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