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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.
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Free AccessPelosi To Step Down As Top Democrat In The House
House Speaker Nancy Pelosi (D-CA) is expected to announce imminently that she will step down as leader of the House Democratic Caucus after two decades in the job.
- Tara Palmeri at Puck News writes: "On the House floor at noon, Pelosi will say in a speech [...] that she intends to pass the torch to the next generation of leadership but will stay on as a backbencher to help guide future leader Hakeem Jeffries [D-NY]."
- Nicholas Wu at Politico: "House Majority Whip Jim Clyburn [D-SC] says Pelosi’s future didn’t come up [in today's Whip meeting]. He says he still wants to be in leadership but the specific role is “up to the caucus” Hakeem Jeffries is “absolutely fantastic,” he adds."
- Clyburn's support is seen as crucial for Jefferies to overcome a rival bid from Rep. Adam Schiff (D-CA) and allow a smooth leadership transition.
- Republican House Minority Leader Kevin McCarthy (R-CA) has been nominated by House Republicans as Speaker-elect but will face a challenger gathering the votes required for a January floor vote, due to opposition from members of the right-wing Freedom Caucus.
To read the full story
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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.