-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
-
Credit
Credit
Real time insight of credit markets
-
Data
-
Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Global Macro Weekly -
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessUS's McConnell Brushes Aside Trump Demand To Stay On Health
--Senate Majority Leader Leader Convenes Senate, Turns To Judicial Appointment
--White House Spokeswoman Says Gen. Kelly Will Have 'Full Authority' as White
House Chief of Staff
By John Shaw
WASHINGTON (MNI) - Senate Majority Leader Mitch McConnell convened the
Senate Monday afternoon and quietly--but clearly--dismissed the demand of
President Donald Trump that the Republican-controlled upper chamber continue
working on health care legislation.
In remarks Monday that brought the Senate into session for the week,
McConnell did not even mention health care legislation.
Instead, he focused his remarks on a Senate procedural vote Monday evening
on the nomination of Kevin Newsom, of Alabama, to be a United States Circuit
Judge for the Eleventh Circuit.
McConnell said Newsom deserves swift Senate confirmation.
McConnell worked doggedly for months to pass health care legislation. Last
week he tried to advance several GOP alternative plans, all of which failed.
After the Senate's final failure, Trump said Senate Republicans should
"demand another vote" to repeal and replace the Affordable Care Act.
"Unless the Republican Senators are total quitters, Repeal & Replace is not
dead! Demand another vote before voting on any other bill!" the president said
Saturday via Twitter.
White House Budget Director Mick Mulvaney said Sunday the White House
believes the Senate shouldn't hold vote on any other issue -- including a vote
to raise the debt ceiling -- until the Senate votes again on health care.
"In the White House's view, they can't move on in the Senate," Mulvaney
said.
"You can't promise folks you're going to do something for seven years, and
then not do it," he said.
The House passed legislation repealing the ACA, or Obamacare, in early May.
As the Senate was coming to session, White House press secretary Sarah
Huckabee Sanders sought to explain the circumstances surrounding the abrupt
departure of White House communications director, Andrew Scaramucci, after only
ten days.
Sanders said the new White House chief of staff, John Kelly, will have
"full authority" over the White House staff.
--MNI Washington Bureau; tel: +1 202-371-2121; email: john.shaw@marketnews.com
[TOPICS: M$U$$$,MC$$$$,MFU$$$,MGU$$$]
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.