MNI POLITICAL RISK - Trump's Three-Phase Plan For Venezuela

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Executive summary:

• President Donald Trump will participate in an event with US attorneys and receive an intel briefing in the morning. At 17:30 ET 22:30 GMT, he will host a policy meeting in the Oval Office. 
• The White House is sending a large team of senior officials to Davos.
• Trump administration officials have sketched out a three-phase plan they believe will allow them to dictate policy decisions in Venezuela and guide reform without the need for US boots on the ground. 
• Senate Democrats will force a vote at 11:00 ET 16:00 BST on a symbolic war powers resolution requiring congressional approval for additional military action in Venezuela.
• Secretary of State Marco Rubio will meet with representatives from Denmark and Greenland next week to discuss a US acquisition of Greenland.
• Trump dialled down tensions with Colombian President Gustavo Petro.
• Trump proposed increasing the Pentagon budget to USD$1.5 trillion for 2027, the highest level since the end of the Cold War. He also took aim at defence contractors for failing to deliver equipment on schedule.
• Trump intends to ban institutional investors from buying single-family homes, in a move to address the country’s housing shortage.
• The House is expected to pass a Democrat-led bill today to restore lapsed Obamacare subsidies for an additional three years.
• Senator Lindsay Graham (R-SC) said the Senate could vote as soon as next week on his Russia sanctions bill after getting the green light from Trump.
• Poll of the Day: MAGA Republicans overwhelmingly approve of the Venezuela operation.

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