Commerce Secretary Gina Raimondo had three days of talks with Chinese officials and while there were no major breakthroughs, and none were expected, it did continue the Biden Administration strategy of engagement.

Both sides reportedly repeated their core trade positions of China wanting the loosening of technology restrictions, and the US wanting to see a greater commitment by China to buy US goods.  While the final communique didn’t list any big accomplishments both countries agreed to create a working group on commercial issues.  Again, part of the dialogue strategy being pursued by the Biden Administration.

McConnell

Next week the Senate returns with a focus on nominations for both the judiciary and the military.  Alabama Senator Tommy Tuberville has had a one Senator filibuster against all military promotions that require Senate confirmation.  Both sides have been working behind the scenes to break the deadlock but no progress has been reported.

With the second “freeze up” of Republican Senate Leader Mitch McConnell this past week there is likely to be behind the scenes talk about his ability to lead the Republican Conference.  To date Leader McConnell appears to have the support of his Republican colleagues.

Budget

The clock...

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