MNI POLITICAL RISK-White House Tries To Contain Debate Fallout

Executive Summary:

• The news cycle for the coming days will be dominated by President Biden’s performance in the first presidential debate. Since the publication of MNI's debate review this morning, the odds of Biden withdrawing from the race spiked to around 43% and the roughly 20% swing away from Biden has proven durable.
• The clamour from high-profile Democrats calling on Biden to step aside has intensified, but we have also seen efforts from the White House and Biden-backers to manage the fallout.
• Biden will participate in a campaign event in North Carolina today before flying to New York, where he will deliver remarks. Biden’s comments will be scrutinised closely for any sign of a change in strategy. As will Press Secretary Karine Jean-Pierre’s briefing aboard Air Force 1 at around 13:40 ET 18:40 BST.
• US officials appear to be bracing for a large-scale confrontation between Israel and Hezbollah in the coming weeks.
• The US announced new sanctions on entities and individuals trading in Iranian petroleum or petrochemical products, in response to an acceleration of Iran’s nuclear programme.
• US Federal regulators approved a permit for the proposed Calcasieu Pass 2 LNG terminal in Louisiana, despite a temporary ban on new LNG export projects.
• The Supreme Court announced yesterday it has scheduled Monday as a new opinion day, with a ruling on Trump’s claim of presidential immunity pending.
• Poll of the Day: Voters believe Trump outperformed Biden in the first presidential debate.

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MNIPOLRISKUSDaily280624.pdf