MNI POLITICAL RISK - Trump Departs For Second UK State Visit

Download Full Report Here

Executive summary:

• President Donald Trump will depart Washington this morning for the UK, where he will become the first US president to be honoured with two State Visits. Trump is likely to deliver comments to the White House press pool as he boards Marine One at around 08:30 ET 13:30 BST.
• The Senate confirmed CEA chair Stephen Miran to be a member of the Federal Reserve Board for the final four months of Adriana Kugler’s 14-year term. 
• Fed Governor Lisa Cook is unlikely to win her case against Trump at the Supreme Court.
• Trump said companies should not be forced to report earnings on a quarterly basis.
• The US and China struck a framework agreement to transfer TikTok to majority American ownership. Trump and Chinese President Xi Jinping are expected to approve the deal in a call on Friday, clearing the path for more substantive talks on trade.
• A senior US delegation kicked off talks in New Delhi today aimed at resolving trade tensions. 
• House Speaker Mike Johnson (R-LA) is expected to unveil the final text of a short-term funding measure to keep the government open through mid-November. 
• Israeli PM Benjamin Netanyahu confirmed the IDF has launched a new ground operation in Gaza City.
• The US military conducted a second strike on alleged Venezuelan narcotics traffickers.
• Poll of the Day: There is a stark partisan divide on the benefit or harm of Trump’s tariffs. 

Please find the full article attached below: US DAILY BRIEF