MNI POLITICAL RISK - Thune Signals Change In Shutdown Strategy

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Executive summary:

• President Donald Trump will hold a press conference with FBI Director Kash Patel at 15:00 ET 20:00 BST and host a “Ballroom Dinner,” at 19:30 ET 00:30 BST
• At 14:15 ET 19:15 BST, the Senate will vote a ninth time on the House-passed government funding bill. Senate Majority Leader John Thune (R-SD) is deploying a new strategy to ramp-up pressure on Democrats. US troops will receive paychecks today, but funds are unlikely to extend to the next military payday on October 31.
• Fed Chair Jerome Powell warned labour market risks are a more immediate concern than tariff-driven inflation.
• JPMorgan Chase's investment strategy reflects the private sector's endorsement of Trump's agenda.
• Trump suggested the US could halt purchases of Chinese cooking oil in retaliation for Beijing’s withdrawal from US soybean exports.
• Trump threatened Spain with tariffs for failing to hit NATO spending targets.
• Trump’s upcoming National Security Strategy is expected to focus on the Western Hemisphere.
• NATO defence ministers meet today in Brussels amid speculation that Trump could sell Tomahawk missiles to Ukraine.
• Trump warned the US could disarm Hamas "violently" as the Gaza peace plan faces its first significant test.
• Trump said an economic assistance package for Argentina is contingent on President Javier Milei 'winning' Oct. 26 legislative elections.
• The US military killed another six alleged drug traffickers off the coast of Venezuela.
• Poll of the Day: US voters “resoundingly” support Trump’s Gaza peace plan.

Please find the full article attached below: US DAILY BRIEF