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MNI POLITICAL RISK - US Daily Brief

US
  • Congress has only seven working days until a two-week Congressional recess and there is still no sign of a Republican budget proposal. We provide a rundown of the how the SVB collapse and hard-line position of the House Freedom Caucus may complicate negotiations to raise the debt limit.
  • It’s another hectic day on Capitol Hill. Key testimonies come from Treasury Secretary Janet Yellen, CEA Chair Cecilia Rouse, OMB Director Shalanda Young, USTR Katherine Tai, Secretary of State Antony Blinken, and Secretary of Defence Lloyd Austin.
  • A criminal indictment on former President Donald Trump could be issued today.
  • President Biden will depart today for his first visit to Canada since assuming office nearly 800 days ago.
  • Senator Tim Scott’s (R-SC) appears set to formally mount a 2024 White House bid.
  • Taiwan Foreign Minister Joseph Wu told the Legislative Yuan this morning that a meeting between Taiwan President Tsai Ing-wen and US House Speaker Kevin McCarthy (R-CA) is still being arranged.
  • Poll of the Day: "Only 10% of the public has a great deal of confidence in the nation’s banks and financial institutions."
Full article: US Daily Brief
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