Free Trial

MNI POLITICAL RISK - US Daily Brief

US
  • The Senate has passed a short-term measure to fund federal government agencies through December 23. The measure will provide time for lawmakers to conclude work on a USD$1.7 trillion omnibus and set up final votes next week.
  • The National Defence Authorisation Act passed the Senate yesterday authorising USD$45 billion more than President Biden requested but Senator Joe Manchin's (D-WV) energy permitting bill fails again.
  • House Minority Leader Kevin McCarthy’s (R-CA) bid to become the next Speaker of the House of Representatives is continuing to damage intra-party unity.
  • The Inflation Reduction Act will likely be on the agenda as Deputy Treasury Secretary Wally Adeyemo departs on a three-day trip to Belgium and Germany.
  • Treasury Secretary Janet Yellen has issued a statement on the EU directive to move forward with implementation of a global minimum tax on corporations.
  • The three-day US-Africa Leaders’ Summit has wrapped up with President Biden pledging USD$55 billion of investment on the continent and Secretary of State Blinken taking a swipe at China's Belt and Road Initiative.
  • Blinken will hold a bilateral meeting with his Mexican counterpart Marcelo Ebrard today as the US and Mexico fail to make progress resolving a trade dispute over Mexico’s energy policy.
  • Poll of the Day: Democrat and Republican voters diverge on Congressional priorities.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.