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MNI POLITICAL RISK- Talk Of 'Plan B' For Ukraine Aid Increases

Executive Summary:

  • Rep Brian Fitzpatrick (R-PA) is accelerating work on a discharge petition to bring a foreign aid bill to the House floor. The bill includes the Ukraine, Israel, and Indo-Pacific aid from the Senate-passed foreign aid supplemental with some additional tweaks to attract support from Democrats and Republicans.
  • 10:00 ET 14:00 GMT: The Senate Banking Committee will hold a hearing on housing affordability and availability. The Senate Finance Committee has a tax hearing amid an intra-committee dispute on the House-passed USD$78 billion tax bill.
  • 10:00 ET 15:00 GMT: President Biden’s mental acuity will be under the spotlight when former DOJ Special Council Robert Hur provides testimony before the House Judiciary Committee.
  • 10:15 ET 14:15 GMT: White House Office of Management and Budget Director Shalanda Young will testify to the Senate Budget Committee on President Biden’s FY25 budget request.
  • President Biden kicked off a week of swing-state campaigning yesterday with remarks in New Hampshire, touting his FY25 budget and warning that a second Trump administration would, "cut Social Security and Medicare to give us more tax cuts for the wealthy."
  • US officials hint that an Israeli assault on Rafah could prompt a change in US policy.
  • 13:00 ET 17:00 GMT: House lawmakers will receive a classified briefing ahead of a vote on legislation which would force ByteDance to sell the social media platform TikTok by September 30 or face a US ban.
  • Poll of the Day: 2024 presidential election polling remains tight.

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