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MNI POLITICAL RISK - Trump Faces Consequential Day In New York

Executive Summary:

  • Early on Saturday morning, the Senate synched up with the House of Representatives and passed the USD$1.2 trillion minibus spending package to conclude appropriations for fiscal year 2024 and avert a partial government shutdown.
  • Rep Mike Gallagher (R-WI) has announced he will depart Congress on April 19, shrinking the House Republican majority to just one vote.
  • Former President Donald Trump will appear in a New York Court today to hear a decision from Judge Juan M. Merchan on starting the 'hush money' criminal case brought by Manhattan prosecutor Alvin Bragg.
  • Today is also the deadline for Trump to put up a USD$454 million bond in a separate New York civil case. If Trump fails to post bond, New York Attorney General Letitia James can begin the process of seizing Trump’s New York assets as soon as today.
  • President Biden is considering a range of strict executive actions on the border ahead of the presidential election in November.
  • Treasury Secretary Janet Yellen is expected to travel to China next month for meetings with senior Chinese government officials.
  • A raft of US business leaders have gathered in Beijing for the annual China Development Forum.
  • The US State Department has warned that the arrests of two close aides of opposition figure Maria Corina Machado, “represents a disturbing escalation of repression against Venezuela’s opposition parties.”
  • Poll of the Day: 52% of Republicans support a proposal from former President Trump to impose 60%+ tariffs on Chinese goods.

Please find the full article attached below:

MNIPOLRISKUSDaily250324.pdf

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