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Free AccessPelosi: Dems 'Are In Pretty Good Shape' On Infrastructure Bills
The prospect of a deal being reached among Congressional Democrats on the bipartisan infrastructure framework (BIF) and the White House's Build Back Better bill may be honing into view, with some positive-sounding comments emerging from Speaker Pelosi's meetings with Democratic party whips.
- This comes as comments from House Speaker Nancy Pelosi (D-CA)'s meeting with House Dem whips on infra packages are relayed via Congressional reporters: "In order for the BIF to pass, we need to have the trust, the confidence and the reality of the Build Back Better bill...In the next couple of hours, I will be communicating with you on our path from here to there… depending on what happens at the White House. That will determine, our timetable, our course of action but we are in pretty good shape."
- In an interview with Politico Senator Mark Warner (D-VA) says that "I wouldn't be surprised if Speaker Pelosi pulled a rabbit out of the hat either today or tomorrow"
- Congressional Democratic leaders are seeking to have a deal on the table before President Biden departs for his trip to the G20 and COP26 summits in Europe. This deadline seems unlikely, but the mood-music on a compromise being reached sounds better than it has for some time.
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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.