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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.
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Free AccessWorking With Congress On Sanctions, SCOTUS Consultation Beginning
White House Press Secretary Jen Psaki has clarified the White House position on two key political questions.
- The White House working closely with Congress on the bipartisan Russian sanctions bill. 'Sanctions can be an effective tool of deterrent.'
- No direct response to the question of whether Biden will be willing to sign the bill into law. Last year President Biden vetoed a Nordstream 2 sanctions bill. A move praised by the Kremlin for supporting stability in Europe. Whether or not Nordstream 2 is in the final sanctions package will become clear in the coming days.
- Supreme Court: Biden will select a SCOTUS nomination with the Senate’s guidance. Consultations to start this week. The President will choose a black woman with 'impeccable credentials' and hope for bipartisan support for his nomination.
- Psaki stressed that the nomination will be qualified for the role. This is in reference to a poll that has circulated today saying that most Americans don’t support the President’s ambition to restrict the nomination to a black woman. This could become a bitter debate in the coming weeks.
- No official news on Build Back Better but there is a lot of 'discussion on the Hill' about how to move forward.
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.