The Long Weekend
The Fed flew $500 million in cash to Baghdad. 148 lawmakers demand an emergency session. The Senate works the weekend for CLARITY. Jeddah signs on a Friday.
Friday, August 7. The US Senate is scheduled to leave for its recess in 3 days. Iraq's parliament does not sit on a Friday. Saudi Arabia's working week ended yesterday. Every one of those calendars says the same thing: go home.
Here's the thing, nobody is going home. $500 million in US banknotes is being counted at the Central Bank of Iraq. 148 Iraqi lawmakers have signed a petition to drag their chamber open on its day off. The Senate is telling cameras it will sit through the weekend if that is what the CLARITY Act takes. And Mohammed bin Salman is hosting 2 heads of government in Jeddah today to sign a defence pact on his country's day of rest.
An office that stays open when it is supposed to close is telling you which file cannot wait until Monday. This weekend there are 4 of them, and they all touch the same money.