Free Trial

MNI POLITICAL RISK - US Daily Brief

US
  • White House and Congressional negotiators will meet again today as they lay the groundwork for Friday's key debt limit meeting.
  • JP Morgan Chairman Jamie Dimon has echoed warnings from analysts that the political dynamics make the current crisis more unpredictable than previous debt limit showdowns.
  • Former President Donald Trump has complicated negotiations by suggesting Republicans should allow the government to default if the White House doesn’t promise “massive” spending cuts.
  • Centrist Democrat Senator Joe Manchin (D-WV) has made moves signalling he may make a third-party presidential bid.
  • Former Vice President Mike Pence will make a decision about running for president by the end of June.
  • The Financial Times has reported that there is “little chance” of a meeting between US Defense Secretary Lloyd Austin and his Chinese counterpart Li Shangfu at the Shangri-La Dialogue in June.
  • President Biden will welcome Indian Prime Minister Narendra Modi to the White House for a state visit on June 22.
  • Poll of the Day: Democrats are increasingly supportive of President Biden’s re-election bid but remain concerned about his age and the suitability of Vice President Kamala Harris.
Full article: US Daily Brief

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.