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MNI POLITICAL RISK – US Daily Brief

US
  • President Biden puts China in focus as he talks up G7 developmental investment and military funding in a speech at the NATO summit in Madrid.
  • However, the strategy to extricate critical supply chains from Chinese influence looks in doubt as Senate Minority Leader Mitch McConnel (R-KY) threatens to torpedo the CHIPS bill.
  • Biden will suggest to Gulf states that they should increase oil production during his upcoming trip to the region.
  • Biden says he in favour of bypassing the filibuster to legislate Roe, but Democrats will need to find two more Senators in November if they want to go "nuclear” on the filibuster.
  • President Biden is expected to deliver a speech to the January 6 committee at the conclusion of the probe.
  • Justice Ketanji Brown Jackson takes her place on the Supreme Court as a number of high-profile rulings put the court squarely in international headlines.
  • The US State Department sends a message of assurance to Israel following the collapse of another government in Jerusalem.
  • Poll of the Day: 78 percent of Democrats now say the country is on the wrong track.

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