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download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTry as he might to corral the chaotic GOP caucus, Speaker of the House Mike Johnson's job as a leader is impossible with the current crop of Republicans in Congress. Johnson had only been in Congress for six years before he took the spotlight in October 2023 as the replacement for ousted Speaker Kevin McCarthy. And given how traumatizing finding a replacement for McCarthy was, Republican representatives don't seem too eager to go down that tumultuous road again any time soon. AdvertisementJoining leadership well after the House rules were established, it's difficult for him — or any other GOP speaker — to implement any changes until the next congressional session.
Persons: , Mike Johnson's, Johnson, Kevin McCarthy, McCarthy, Matt Gaetz, Marjorie Taylor Greene, Greene Organizations: Service, GOP, Business, Republican, firebrand Republicans, Capitol, Representatives
The decision by Mr. Buck, a Republican, to resign next week rather than at the end of the year complicated what was already a rocky path for Ms. Boebert to secure his seat. The state’s Democratic governor, Jared Polis, quickly announced a special election would be held on June 25 to fill Mr. Buck’s seat. That left Ms. Boebert with a conundrum: If she resigned from her current seat in order to run in the special election, she would risk reducing the Republicans’ already razor-thin House majority by teeing up a special election in her current district, where a Democrat has a chance of winning. In 2022, Ms. Boebert nearly lost her district, which is on the Rockies’ western slopes, to Adam Frisch, a Democrat. If she had resigned by May 14, it would have given Mr. Frisch a shot at winning her seat in a special election.
Persons: Lauren Boebert, Ken Buck, Buck, Boebert, Jared Polis, Buck’s, Republicans ’, Mike Johnson, Adam Frisch, Frisch Organizations: firebrand Republican, Republican, Democratic, Republicans, Rockies, Democrat Locations: Colorado
[1/2] Newly elected Speaker of the House Mike Johnson (R-LA) addresses the U.S. House of Representatives after he was elected to be the new Speaker at the U.S. Capitol in Washington, U.S., October 25, 2023. Johnson also warned Democrats that House Republicans would impose a full-year CR for 2024 "with appropriate adjustments to meet our national security priorities" if Congress fails to reach agreement. House Republicans are aiming for a Tuesday vote. Failure to hit that benchmark led to McCarthy's ouster, but some House Republicans suggested Johnson deserved more time. The brutal infighting that has characterized Republicans this year, including the party's own rejection of three seasoned nominees for House speaker, coincides with falling federal revenues and mounting costs for interest, health and pension outlays.
Persons: Mike Johnson, Elizabeth Frantz, Johnson's, Kevin McCarthy, Joe Biden, Johnson, centrists, Marjorie Taylor Greene, Warren Davidson, Chris Murphy, Murphy, Tom Cole, Biden, McCarthy, Ken Buck, David Morgan, Scott Malone, Andrea Ricci Organizations: U.S . House, U.S, Capitol, REUTERS, Rights, . House, Republican, Democratic, Senate, Food and Drug Administration, House, White, Firebrand, NBC, Republicans, Social Security, Total U.S, Thomson Locations: Washington , U.S, Washington, Louisiana
Ideological battles among House Republicans are not a new phenomenon on Capitol Hill. But in recent years, conservative frustrations have boiled over, leading to the actual ouster of a GOP speaker. President Bill Clinton, right, shakes hands with House Speaker Newt Gingrich at the US Capitol on January 24, 1995. And the next Republican speaker, even a lawmaker as conservative as Jordan, will also have to navigate those choppy waters. House Republicans over the past 30 years could largely spare a few defections during the times when it held the majority, but with the current majority being so close, it no longer has that luxury.
Persons: Newt Gingrich's, , Kevin McCarthy of, Steve Scalise, Jim Jordan of, who's, Jordan, Bill Clinton, Newt Gingrich, Doug Mills, Gingrich, Clinton, Bob Livingston of, Dennis Hastert of, George W, John Boehner of Ohio, Evan Vucci, John Boehner, Barack Obama, Boehner, Paul Ryan of Wisconsin, Donald Trump —, Trump, Ryan, wouldn't, McCarthy, Kevin McCarthy, Scott Applewhite, Joe Biden, afflicting Organizations: Republicans, Service, House Republican Conference, House Republicans, America, Capitol, AP, GOP, House, Republican, Rep, Tea, Firebrand Republicans, Blue Dog Locations: Kevin McCarthy of California, Louisiana, Jim Jordan of Ohio, Georgia, Bob Livingston of Louisiana, Dennis Hastert of Illinois, Washington
[1/3] US Treasury Secretary Janet Yellen speaks during her meeting with China's Vice Premier He Lifeng (out of frame) at the Diaoyutai State Guesthouse in Beijing on July 8, 2023. Yellen said nothing publicly to indicate that the U.S. was poised to ease tariffs, but commentators in China were hopeful, amid a U.S. Trade Representative review. "While U.S might continue its technological curbs on China, a reduction or exemption of non-core tariffs against China is possible." Yellen last year advocated eliminating some duties on "non-strategic" goods as a way to ease some specific costs amid high inflation. Haley has said she would push Congress to revoke China’s trade status until China curbs its alleged role in the fentanyl trade.
Persons: Janet Yellen, Lifeng, Pedro PARDO, Janet Yellen's, Biden, Harry Broadman, Donald Trump's, Premier Li Qiang, Yellen, Hong Hao, Chad Bown, " Bown, Josh Hawley, Ron DeSantis, Nikki Haley, Haley, Donald Trump, David Lawder, Andrea Shalal, Gram Slattery, Jeff Mason, Heather Timmons, Nick Zieminski Organizations: China's, WASHINGTON, . Treasury, Trump, White House, World Bank, Berkeley Research, Premier, U.S . Treasury, . Trade, China's Finance, U.S, Grow Investment, Times, Peterson Institute of International Economics, Reuters, Republican, Firebrand, Thomson Locations: Diaoyutai, Beijing, China, U.S, Washington, U.s, Donald Trump's China, CHINA, Xinjiang, Hong Kong, Florida, Mexico, Cuba
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