MNI: PBOC Net Drains CNY296 Billion via OMOs Friday

CHINA PBOC INJECTS CNY23 BILLION VIA 7-DAY REVERSE REPOS FRI: WIND

CHINA SETS YUAN CENTRAL PARITY AT 6.7382 FRI VS 6.7130

MNI US Payrolls Preview: Watching AHE For Rate Cut Direction

PREVIEW: Primary Dealer NFP Estimates

Australia Dec Housing New Loan Commitments -4.3%

(RPT)MNI INTERVIEW: BOC In One And Done Zone - Chamber

Rpt- MNI INTERVIEW: BOC Losses May Dent Inflation Fight- Tombe

MNI BRIEF: EU Sees Statement After UK-EU Talks This Afternoon

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
EQUITIES

China/HK Weaken, Firmer Trends Elsewhere

EURUSD TECHS

Trend Needle Points North

STIR

SFRH3 Given

BOBL TECHS

(H3) Rally Exposes Key Resistance

OIL

Tracking 5.5% Lower For The Week

FOREX

USD Firmer In Asia

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 Access
Trending Top 5
Market News Topics

White House Seeking COVID-19 And Ukraine Funding In "Lame Duck" Congress

US
HomepagePolitical RiskPolitical Risk BulletBulletMarketsFixed Income NewsForeign Exchange NewsPolitical Market News

The Washington Post has reported that the Biden administration is seeking a large new funding package for COVID-19 before the new Congress gavels-in, in January.

  • The package is understood to be part of a broader package of funding which is also likely to include more funding for Ukraine and come as part of a Democrat push to legislate as many high priority items before a Republican majority takes over the House of Representatives.
    • Also on the agenda will be a FY23 package and debt ceiling expansion.
  • WaPo: "Biden officials are finalizing a request for about [USD]$10 billion in additional public health funds by year’s end, part of a larger request that would also include funding for Ukraine..."
  • The White House saw attempts to secure additional COVID-19 funding blocked by the GOP from inclusion in the government funding continuing resolution during an acrimonious pre-midterm session of Congress.
    • Senate Minority Whip John Thune (R-SD) said in September there was, “zero interest in Covid or monkeypox” funding among Senate Republicans."
165 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

The Washington Post has reported that the Biden administration is seeking a large new funding package for COVID-19 before the new Congress gavels-in, in January.

  • The package is understood to be part of a broader package of funding which is also likely to include more funding for Ukraine and come as part of a Democrat push to legislate as many high priority items before a Republican majority takes over the House of Representatives.
    • Also on the agenda will be a FY23 package and debt ceiling expansion.
  • WaPo: "Biden officials are finalizing a request for about [USD]$10 billion in additional public health funds by year’s end, part of a larger request that would also include funding for Ukraine..."
  • The White House saw attempts to secure additional COVID-19 funding blocked by the GOP from inclusion in the government funding continuing resolution during an acrimonious pre-midterm session of Congress.
    • Senate Minority Whip John Thune (R-SD) said in September there was, “zero interest in Covid or monkeypox” funding among Senate Republicans."