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MNI POLITICAL RISK - US Daily Brief

US
  • President Biden will outline plans cut the federal deficit by USD$3 trillion when he unveils his FY24 budget today.
  • The House Ways and Means committee will today consider Republican legislation to prioritise federal debt repayments in the event of a default.
  • Federal Reserve Chairman Jay Powell has again called on Congress to raise the debt ceiling.
  • China and the IRA will be on the agenda when President Biden meets European Commission President Ursula von der Leyen at the White House tomorrow.
  • The Netherlands has confirmed it will mirror the US and impose export controls.
  • Northwestern University Professor Janice Eberly has emerged as a frontrunner for the vacant fed vice chair seat.
  • House Speaker Kevin McCarthy (R-CA) has declined an invitation from Ukrainian President Volodymyr Zelensky to visit Kyiv.
  • Senate Minority Leader Mitch McConnell (R-KY) has been hospitalised after a fall.
  • UK Prime Minister Rishi Sunak and Australian Prime Minister Anthony Albanese will travel to the US on Monday to announce the first phase of the AUKUS nuclear submarine deal.
  • Poll of the Day: The Republican Party is seen by Americans as performing better on the economy and jobs.
Full article: US Daily Brief
USHomepagePolitical Market NewsBank Of England (BOE) Market NewsBulletUKMarketsFixed Income BulletsForeign Exchange Bullets
USHomepagePolitical Market NewsBank Of England (BOE) Market NewsBulletUKMarketsFixed Income BulletsForeign Exchange Bullets

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