MNI POLITICAL RISK- Trump Keeps Pressure On Powell w/Fed Visit

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Executive summary:

• President Donald Trump will sign bills and Executive Orders in the Oval Office before travelling to the Federal Reserve’s headquarters to inspect a renovation project at the centre of a pressure campaign directed at Fed Chair Jerome Powell.
• Trump will be joined by some of Powell's most vocal critics, including OMB Director Russell Vought and FHCA Director Bill Pulte, who has recently engaged in a social media campaign targeting Powell.
• The Trump administration is struggling to contain fallout from the Jeffrey Epstein scandal. A federal judge rejected a White House request to unseal grand jury transcripts. Republicans are teaming up with Democrats to force Congressional oversight.
• The US and EU  are ‘closing in’ on a 15% tariff deal for European imports. Trump suggested that 15% is likely to be the floor of future reciprocal tariff rates.
• South Korea is expected to propose investing USD$100 billion in the US to facilitate a trade deal.
• Senate Majority Leader John Thune (R-SD) acknowledged Congress is likely to require a Continuing Resolution to avert a government shutdown.  
• The White House released an AI 'Action Plan' it hopes will ensure 'dominance' in the sector.
• Iran took steps towards resuming nuclear inspections but said restarting talks with the US will depend on regaining trust.
• Russian and Ukrainian delegations made little progress toward a ceasefire in Istanbul.
• Poll of the Day: More Americans disapprove than approve of the GOP’s ‘OBBB’. 

Please find the full article attached below: US DAILY BRIEF