USA Political Events – Coming Week

• Congress returns to Washington with renewed focus on the Iran conflict and energy prices.

• The Senate is expected to vote on confirming Kevin Warsh as the next Federal Reserve chair.

• Debate is expected over Federal Reserve independence as Jerome Powell’s term nears its end.

• The White House is pushing plans to suspend the federal gas tax amid rising fuel prices.

• Congress is expected to debate emergency energy and economic measures linked to the Iran crisis.

• The Trump administration plans to release millions of barrels from the Strategic Petroleum Reserve.

• Continued attention will focus on the fragile US-Iran ceasefire and negotiations over uranium enrichment.

• Donald Trump is expected to travel to Beijing for talks with Chinese President Xi Jinping.

• Trade, artificial intelligence, semiconductor supply chains and Iran are expected to dominate the Trump-Xi summit agenda.

• Supreme Court rulings are expected this week on several politically sensitive cases.

• Legal and political debate continues around Trump’s immigration and birthright citizenship policies.

• Financial markets will closely watch upcoming US inflation data and Federal Reserve commentary.

• Rising oil prices and disruption in the Strait of Hormuz are expected to remain central political issues.

• Congressional discussions are likely to continue over presidential war powers and military operations involving Iran.