MNI POLITICAL RISK - Johnson Eyes Vote On GOP Megabill Today

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Executive summary:

• President Donald Trump will hold a bilateral meeting with South African President Cyril Ramaphosa today amid a diplomatic spat with the largest economy in Africa.
• House Speaker Mike Johnson (R-LA) appears to have reached compromise agreements with House GOP conservatives and SALT Republicans that could unlock a vote on the ‘One Big Beautiful’ reconciliation bill as soon as today.
• The potential vote comes amid warnings from markets and analysts that the fiscal package will balloon US debt. We have a full rundown of how voting is likely to play out inside.  
• The G7 Finance Ministers and Central Bank Governors' meeting gets underway in Canada today, with Treasury Secretary Scott Bessent expected to hold sideline meetings with his counterparts from the UK and Japan.
• Secretary of State Marco Rubio is on Capitol Hill again for a second day of testimony on Trump’s fiscal year 2026 budget request. Rubio told a Senate panel yesterday that Russia has pledged to send the US their terms for a ceasefire with Ukraine.   
• President Trump yesterday unveiled more details plans for his so-called “Golden Dome” missile defense shield, saying it will be completed by the end of his term.
• Oil prices jumped following a report from CNN that Israel is preparing for a potential strike on Iranian nuclear facilities.
• Poll of the Day: Trump’s approval is lagging on issues considered the most important by US voters.

Please find the full article attached below: US DAILY BRIEF