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MNI POLITICAL RISK - US Daily Brief

US
  • Congressional negotiators have reached a bipartisan, bicameral framework to clear the path for lawmakers to legislate a USD$1.7 trillion Fiscal Year 23 omnibus.
  • Deputy Treasury Secretary Wally Adeyemo has emerged as the frontrunner to replace Brian Deese as top White House economic adviser as the President Biden prepares to shuffle his cabinet.
  • Senate Minority Leader Mitch McConnell (R-KY) has criticised former President Donald Trump’s influence over the 2022 midterm elections.
  • The House of Representatives committee investigating the January 6, 2021, attack on the US Capitol will hold its final hearing on Monday where it is expected to issue a list of criminal referrals to the Department of Justice.
  • The US State Department has issued a joint statement with a delegation from the Republic of Korea committing to continue “constructive discussions” to address the ROK’s concerns regarding the Inflation Reduction Act.
  • Defence Secretary Lloyd Austin could approve the transfer of Patriot missile systems to Ukraine as soon as this week.
  • Poll of the Day: Support for former President Donald Trump has waned since the midterm elections but he remains a strong contender for the 2024 presidential election.

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