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 > News > Jim Jordan to push ahead with bid to be House Speaker
News

Jim Jordan to push ahead with bid to be House Speaker

News Room
Last updated: 2023/10/20 at 10:33 AM
By News Room
Share
3 Min Read
SHARE

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Jim Jordan, the hardline Republican congressman from Ohio, vowed to press ahead with his struggling bid to be Speaker of the House of Representatives ahead of a vote planned for Friday morning.

Jordan told reporters that the House needed a Speaker “as soon as possible so we can help the American people”, in a press conference during which he defied calls to bow out of the race.

Jordan, a close ally of Donald Trump who has questioned his defeat by Joe Biden in the 2020 presidential election, has faced opposition from more than 20 Republicans in his speakership bid, along with all Democrats.

He already lost two votes in his attempt to win the speakership, and there was little sign that he was succeeding in his effort to win over the remaining holdouts.

Republican opponents have criticised him for failing to recognise the 2020 election results but also balked at the heavy-handed pressure campaign he launched to gain their support. Some received threats to their personal safety and that of their family members from rightwing activists after opposing Jordan’s bid.

The pivotal House Speaker role has been vacant since early this month when Kevin McCarthy was ousted by a group of eight firebrand conservatives.

The political vacuum comes as Biden has asked Congress for billions of dollars of new funding to help Israel and Ukraine — as well as border security and humanitarian assistance. But in the absence of a Speaker, no legislation can move through the House, which will prevent it from being approved.

Patrick McHenry, a Republican representative from North Carolina and chair of the House financial services committee, is serving as temporary Speaker, but without the powers to put any bills on the floor. A push by some Republicans to give him additional powers for a few months in order to advance legislation while the party sought a consensus candidate for Speaker failed earlier this week, adding more uncertainty to the US political scene.

Read the full article here

News Room October 20, 2023 October 20, 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
Elon Musk asks Tesla investors to approve $1T pay package, rising oil prices pressure bonds

Watch full video on YouTube

Why beef prices are out of control in the U.S.

Watch full video on YouTube

Yahoo Finance: Market Coverage, Stocks, & Business News

Watch full video on YouTube

How A Million Miles Of Undersea Cables Power The Internet — And Now AI

Watch full video on YouTube

Tesla bull Dan Ives talks why he’s still bullish, AT&T COO talks wireless competition

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

News

REX American Resources Corporation 2026 Q3 – Results – Earnings Call Presentation (NYSE:REX) 2025-12-05

By News Room
News

Aurubis AG (AIAGY) Q4 2025 Earnings Call Transcript

By News Room
News

A bartenders’ guide to the best cocktails in Washington

By News Room
News

C3.ai, Inc. 2026 Q2 – Results – Earnings Call Presentation (NYSE:AI) 2025-12-03

By News Room
News

Stephen Witt wins FT and Schroders Business Book of the Year

By News Room
News

Verra Mobility Corporation (VRRM) Presents at UBS Global Technology and AI Conference 2025 Transcript

By News Room
News

Zara clothes reappear in Russia despite Inditex’s exit

By News Room
News

U.S. Stocks Stumble: Markets Catch A Cold To Start December

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?