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MNI POLITICAL RISK - US Daily Brief

US
  • A Senate subcommittee heard from witnesses yesterday about the consequences of failing to raise the debt limit.
  • 10:00 ET 15:00 GMT: Federal Reserve Chair Jerome Powell will head to the House of Representatives today to provide the second leg of his semi-annual testimony on monetary policy.
  • Senate Minority Leader Mitch McConnell (R-KY) says the Republican-controlled House of Representatives will block any tax hikes in President Biden’s budget.
  • US officials say independent investigations must be concluded before commenting on a report suggesting Ukraine may have been responsible for the Nord Stream sabotage.
  • “Senior Capitol Hill staffers” believe that Transportation Secretary Pete Buttigieg and Florida Governor Ron DeSantis (R-FL) are second in-line to win their respective parties’ presidential nominations.
  • President Joe Biden will host South Korean President Yoon Suk Yeol for a state visit next month.
  • The US has criticised the Georgia Dream party for draft legislation seen as rolling back Georgia’s recent drive for European and Western integration.
  • A Biden Administration decision on the Willow oil project in Alaska may come as soon as this week.
  • Poll of the Day: Americans are divided on whether “woke” is a compliment or an insult.
Full article: US Daily Brief
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