MNI POLITICAL RISK - Trump Opens Door To Avert Govt Shutdown

Sep-29 12:02By: Adam Burrowes
Federal Reserve+ 8

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Executive summary:

  • President Donald Trump will sign an executive order in the morning. Trump will present Israeli Prime Minister Benjamin Netanyahu with a US-backed 21-point proposal to end the war in Gaza or face deeper international isolation during a bilateral meeting at 11:30 ET 16:30 BSTTrump and Netanyahu are scheduled to hold a joint press conference at 13:15 ET 18:15 BST.
  • At 15:00 ET 20:00 BST, Trump will meet with Congressional leaders in a last-ditch attempt to prevent a government shutdown on October 1. While a deal is possible, rhetoric from Senate Majority Leader John Thune (R-SD) and Senate Minority Leader Chuck Schumer (D-NY) suggests a shutdown is more likely than not. 
  • Treasury Secretary Scott Bessent has started interviewing candidates to replace Federal Reserve Chair Jerome Powell.
  • Trump will join hundreds of top US military leaders for an unusual meeting in Virginia tomorrow.
  • Ukrainian President Volodymyr Zelenskyy said Ukraine is working on a “mega deal” to buy weapons from the US. 
  • The UN reimposed economic and military sanctions on Iran after Tehran and European powers failed to reach a deal to re-engage in diplomacy with the US and allow IAEA inspectors access to the country’s nuclear facilities.
  • US military officials are reportedly considering strikes on cartels within Venezuela.
  • Poll of the Day: Attacks by far-left extremists outpaced far-right violence in 2025 for the first time in more than three decades.

Please find the full article attached below: US DAILY BRIEF