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MNI POLITICAL RISK - Trump Braces For Third Indictment

Executive Summary:

  • Former President Donald Trump confirmed on social media yesterday that he received a "target letter" from Department of Justice Special Council, Jack Smith, related to allegations that Trump attempted to influence the transfer of power following the 2020 presidential election.
  • The prevailing view is that a, likely imminent, third indictment will do little to change the 2024 calculus but Trump’s support of GOP 'election deniers' at last year’s midterms was widely cited as a reason for Republican underperformance.
  • Trump's target letter announcement overshadowed yesterday's defence-focused campaign reset from Florida Governor Ron DeSantis (R-FL).
  • Concerns are increasing that a strike of United Parcel Service (UPS) workers could take place on August 1.
  • Israeli President Isaac Herzog will address Congress today after meetings with President Biden and Secretary of State Blinken yesterday which likely had a heavy focus on domestic Israeli politics.
  • A nuclear-armed US submarine has arrived in South Korea as nuclear rhetoric between Seoul and Pyongyang increases.
  • Poll of the Day: The three most vulnerable Senate Democrats are all amongst the top 10 highest Senate fundraisers.

Please find the full article attached below:

MNI POLITICAL RISK ANALYSIS - US Daily Brief 19-07-23 .pdf

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