Key insights
- The White House characterized a shooting incident at the White House Correspondents Association dinner as a major assassination attempt against Donald Trump, emphasizing the need for Homeland Security funding. While the event raises concerns about political stability, its direct impact on US equities is limited, primarily influencing sentiment and potentially increasing political risk premiums marginally.
Investing.com -- White House press secretary Karoline Leavitt said Monday that Saturday night’s attack at the White House Correspondents Association dinner marked the third major assassination attempt against President Donald Trump.
Trump spoke with the Secret Service agent who was shot during the incident at the press dinner, Leavitt said. The White House stated that Trump believes security measures at the event functioned properly.
The shooting highlights the importance of funding for the Department of Homeland Security, according to the White House. Leavitt said Democrats need to fund Homeland Security.
Trump continues to trust the Secret Service, the White House said. A meeting with top DHS leaders and White House officials is scheduled to ensure the safety of the president.
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