MNI POLITICAL RISK - End Of Government Shutdown In Sight

Nov-11 13:30By: Adam Burrowes
Donald Trump+ 10

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Executive summary:

  • President Donald Trump will participate in a Veterans Day ceremony at 11:00 ET 16:00 GMT.
  • Secretary of State Marco Rubio will join a G7 meeting in Canada today, becoming the most prominent US official to visit the country since Trump terminated trade talks last month.
  • The Senate passed a funding package to end the longest federal government shutdown in US history. The House of Representatives could pass the package as soon as tomorrow.
  • China took another step towards fulfilling the terms of the US-China trade deal, adding thirteen fentanyl precursors to a list of controlled exports.
  • The US is nearing trade deals with India and Switzerland.
  • A nonpartisan budget watchdog found Trump's tariff cheques would cost far more than tariffs are projected to bring in.
  • A federal judge in Utah ruled in favour of a 2026 Congressional map that is likely to net Democrats an additional House seat.
  • The White House was 'blindsided' by Trump's 50-year mortgage proposal.
  • Electricity supply is struggling to keep up with AI data centre demand.
  • The Senate Agriculture Committee released a draft of its crypto market structure bill. 
  • The US military carried out two more lethal strikes on alleged drug boats.
  • The first phase of the Gaza peace deal nears its end without clarity on progressing to the next phase of the agreement. 
  • The Trump administration paused sanctions on Syria after a landmark White House meeting.
  • Poll of the Day: Americans are increasingly convinced the economy is moving in the wrong direction.

Please find the full article attached below: US DAILY BRIEF