MNI POLITICAL RISK - Banking Ctte Eyes Miran Vote Next Week

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Executive summary:

• President Donald Trump has an uncharacteristically busy Friday schedule, with an Ambassador Credentialing Ceremony, an executive order event and announcement changing the name of the DOD, and a White House dinner in the diary.
• The Senate Banking Committee could vote on CEA Chair Stephen Miran’s nomination to the Federal Reserve Board as soon as next week.
• Trump said he would impose tariffs on semiconductor imports “very shortly,” but will spare companies that boost US investments.
• Trump signed an executive order implementing a maximum 15% tariff on most Japanese products, per a framework trade agreement struck with Tokyo in July.
• The USTR is expected to begin consultations on renegotiating the US-Mexico-Canada Agreement (USMCA) in the next few weeks. 
• American farmers are worried that tariffs on China will permanently impair export markets.
• House Speaker Mike Johnson (R-LA) said ‘reasonable people’ on both sides of the aisle don’t want to see a government shutdown on October 1, hinting at a bipartisan stopgap funding measure.
• The Trump administration is increasingly pessimistic that it can broker a ceasefire in Ukraine.
• A negotiated solution to the crisis caused by former president Jair Bolsonaro's trial could offer a diplomatic route for Brasilia to re-engage with the Trump administration on tariffs.
• Secretary of State Marco Rubio signalled an expansion of the administration's war on cartels, during a trip to Ecuador.
• Poll of the Day: Trump's approval on inflation is nearing former President Biden's lows in 2022. 

Please find the full article attached below: US DAILY BRIEF