By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > Investing > House to Return to Speaker Drama, Round Three
Investing

House to Return to Speaker Drama, Round Three

News Room
Last updated: 2023/10/23 at 3:09 AM
By News Room
Share
4 Min Read
SHARE

Republicans in the House face another week of uncertainty as several members lined up as candidates to become the next speaker.

California Republican Kevin McCarthy, the former house speaker, endorsed Rep. Tom Emmer (R., Minn.) in an appearance on NBC News’ Meet the Press. “We need to get him elected this week and move on,” he said.

“This is not a time to play games,” McCarthy said. “This is embarrassing for the Republican party. It’s embarrassing for the nation.”

Lawmakers dropped Rep. Jim Jordan (R., Ohio) as the leading candidate on Friday after he failed to win enough votes on the floor to get the gavel. Republicans plan to meet again late Monday to hear from each of the candidates, with a possible party vote to nominate one of them as early as Tuesday.

Meanwhile, Congress faces a Nov. 17 deadline to figure out how to fund the government and a White House request for about $100 billion in aid for Israel, Ukraine, and border security but is unable to act on either without a speaker.

Senate Minority Leader Mitch McConnell (R., Kent.) told CBS News’ Face the Nation that the vacuum is “a problem, but I hope it’s going to get solved pretty quickly.”

Congress has been in chaos since Oct. 3, when a group of Republicans led by Rep. Matt Gaetz of Florida pushed the ouster of McCarthy from the role.

Majority Leader Steve Scalise (R., La.) was first to step up as a candidate but bowed out when he couldn’t secure enough support. Then Jordan stepped up, but his bid lost momentum late last week.

Emmer, the House majority whip, said on social media on Saturday that he was running to bring the conference together. “Our Conference remains at a crossroads and the deck is stacked against us,” he said in a post on X, the former Twitter.

Eight other candidates include Rep. Kevin Hern of Oklahoma, Rep. Byron Donalds of Florida, Rep. Mike Johnson of Louisiana, Rep. Jack Bergman of Michigan, Rep. Austin Scott of Georgia, Rep. Dan Meuser of Pennsylvania, Rep. Gary Palmer of Alabama, and Rep. Pete Sessions of Texas. 

Ohio Republican Rep. Mike Turner told CNN’s State of the Union that it’s going to be hard for anyone to get the needed 217 votes, assuming all lawmakers are present and voting. He also compared the House to high school. “Hopefully we’ll get past this,” he said.

“You know, getting to 217 is obviously going to be very difficult and is the sort of Rubik’s Cube of the answer to all of this,” Turner said.

Texas Republican Michael McCaul told ABC News’ This Week that the drama is “probably one of the most embarrassing things I’ve seen” in 10 terms in Congress.

Asked if he would work with Democrats to elect a speaker, McCaul said: “I’d rather it be the Republicans nominating and voting on the floor for a Republican speaker, but this can’t go on forever. I don’t know if we’re going to have a speaker next week. I don’t know how this plays out.”

Write to Liz Moyer at [email protected]

Read the full article here

News Room October 23, 2023 October 23, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
You make good money – so why aren’t you wealthy yet?

Watch full video on YouTube

How to ‘invest in’ private companies like OpenAI and SpaceX

Watch full video on YouTube

NewMarket: Strong Cash Returns, Poor Growth Drivers (NYSE:NEU)

This article was written byFollowBashar is a contributing writer at Seeking Alpha,…

SoftBank strikes $4bn AI data centre deal with DigitalBridge

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

Former Intel CEO explains why the Trump administration is taking a stake in his chip startup

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

Investing

Nursing Home Stocks Could Suffer from this Medicaid Spending Remedy

By News Room
Investing

Bitcoin Drops Below $90,000 Again. What Could Move It Next.

By News Room
Investing

These Stocks Are Moving the Most Today: Marvell, Nvidia, Broadcom, GM, Tesla, MongoDB, Burlington, and More

By News Room
Investing

Nvidia Stock Falls as Marvell Earnings Compound AI Gloom. The Rising Risks for Chips.

By News Room
Investing

This analyst says Tesla deliveries will be 16% below expectations. Musk is part of the problem.

By News Room
Investing

BP CEO was awarded no bonus pay from oil giant’s financial performance

By News Room
Investing

Shares of Starlink’s European competitor have tripled. CEO says it can do the job in Ukraine.

By News Room
Investing

GE Vernova Stock Rises as Analyst Flips to Upgrade After Rating Cut

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?