Executive summary:
- President Donald Trump will meet Hungarian Prime Minister Viktor Orban at the White House for a Bilateral Lunch at 11:45 ET 16:45 GMT. Press questions at the top are likely to focus on Russia sanctions.
- Trump announced that Eli Lilly and Novo Nordisk will slash the cost of obesity drugs for his upcoming TrumpRx website.
- Democrats are expected to block a bill to reopen the government for a 15th time today, as they hold the line for concessions on health care. Shutdown pressures continue to build. Reductions in flight capacity take effect today. A key economic data release due today will be delayed. The White House has appealed a ruling that SNAP benefits be paid in full.
- Nvidia CEO Jensen Huang said the company is not in discussions to sell its top AI chips to China.
- Trump announced economic deals with mineral-rich Central Asian states. Kazakhstan will join the Abraham Accords.
- Rep Jared Golden (D-ME), a moderate Democrat who won a Trump+9 district in Maine, will not seek re-election.
- The Senate rejected a Democratic war powers resolution that would prevent future strikes against Venezuela. The Trump administration is reportedly examining options to continue operations against cartels without Congressional authorisation. The US troop buildup in the Caribbean expands into El Salvador.
- Poll of the Day: Trump’s approval rating plunges amid pressures from the government shutdown and concerns over his handling of the economy and inflation.
Please find the full article attached below: US DAILY BRIEF