MNI POLITICAL RISK - White House Ramps Up Shutdown Pressure

Oct-02 12:29By: Adam Burrowes
Lisa Cook+ 9

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Executive summary:

  • An intel briefing at 11:00 ET 16:00 BST is the only item in President Donald Trump's diary today. Trump signed an order yesterday providing NATO-like security guarantees for Qatar to reassure allies in the Gulf. 
  • The US government shutdown has entered Day 2 without any significant movement toward a resolution. Congress is out for the day, but lawmakers will continue a press blitz to influence messaging surrounding the shutdown. A White House pressure campaign designed to inflict maximum pain on Democrats got underway yesterday. 
  • The Supreme Court ruled that Fed Governor Lisa Cook will remain in place until a January 2026 hearing.
  • The White House paused a 100% tariff on pharmaceuticals intended to take effect yesterday.
  • Trump said he had “no choice” but to deploy federal troops to Portland. 
  • Trump said soybeans will be a “major topic of discussion” when he meets with Chinese President Xi Jinping later this month. Treasury Secretary Bessent indicated a bailout for soybean farmers is incoming.
  • Senator Steve Daines (R-SD) said he's working on a crypto tax framework.
  • The US will reportedly provide Ukraine with intelligence to support long-range strikes on Russia's energy infrastructure.
  • The Treasury Department announced new sanctions on Iran in support of the reimposition of 'snapback' UN sanctions.
  • A senior administration official told Semafor the Trump administration isn’t ruling out military strikes inside Venezuela.
  • Poll of the Day: More Americans blame Trump and congressional Republicans for the shutdown than Democrats.

Please find the full article attached below: US DAILY BRIEF