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US President Biden says no one is above the law

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Biden speaks on Supreme Court immunity ruling, here are some notes:

  • US President Biden is scheduled to deliver a speech at 7:45 p.m. ET.

Biden:

  • There are no kings in America.
  • No one is above the law
  • The decision means there are virtually no limits to what the president can do, which is a dangerous precedent.
  • The Supreme Court has done America a disservice with this ruling because Trump’s case on January 6 will not be before the election.
  • The decision undermines the rule of law.

Politics plays a role in market movements as we head into November:

  • Wall Street Journal reports US yields rise, cites ‘possibility of Republican victory in November’

And on the other side of the Atlantic also:

  • French Elections – No single group seems likely to win majority after second round

This article was written by Eamonn Sheridan on www.forexlive.com.

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