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☆ House votes to oust Kevin McCarthy as speaker, throwing the chamber back into chaos
  + stars: | 2023-10-03 | by ( Bryan Metzger | ) www.businessinsider.com   time to read: +9 min
The House voted to vacate the Office of the Speaker on Tuesday, booting Kevin McCarthy from his job. The House, under interim speaker Rep. Patrick McHenry of North Carolina, will now have to hold speaker elections once again, and it's not clear where that will lead. In 1910, House Speaker Joseph Cannon called the motion himself as he faced a mutiny from his own party, daring his own members to oust him. The Saturday measure, while supported by most House Republicans, ultimately passed with more Democratic than Republican votes. Gaetz and dozens of other House Republicans — potentially more than half — oppose sending more aid to the besieged country.
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☆ Taiwan leader's meeting with McCarthy could provoke a 'big' reaction from China, says analyst
  + stars: | 2023-03-30 | by ( Sumathi Bala | ) www.cnbc.com   time to read: +1 min
A meeting between Taiwan's leader and U.S. House Speaker will provoke a strong reaction from China, said Anna Ashton, China director at the Eurasia Group. Taiwan's President Tsai Ing-wen will likely meet face-to-face with Kevin McCarthy when she makes a transit visit through Los Angeles next week. The meeting with McCarthy hasn't been officially confirmed. A meeting like this would be the senior most U.S. official meeting with a sitting Taiwan president on U.S. soil ever," Aston told CNBC's "Squawk Box Asia" on Thursday. "Beijing has already warned about their opposition to this meeting and we could see a reaction, even as big as the reaction after the Pelosi visit."
☆ U.S. reaches debt limit, setting 'early June' deadline as Capitol Hill fight intensifies
  + stars: | 2023-01-19 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Sahil-Kapur-Headshot.Jpg | Sahil Kapur | ) www.nbcnews.com   time to read: +5 min
WASHINGTON — The U.S. government is hitting its statutory debt limit on Thursday, requiring the Treasury Department to begin resorting to "extraordinary measures" to pay the bills. It is therefore critical that Congress act in a timely manner to increase or suspend the debt limit," Yellen wrote. But the White House has made clear what President Joe Biden's offer to lift the debt ceiling is: nothing. There should be no political brinkmanship with the debt limit. "We cannot raise the debt ceiling," Rep. Andy Biggs, R-Ariz., said Tuesday on Twitter.
☆ Trump says it is actually great for Republicans that Kevin McCarthy failed to become speaker 6 times in a row
  + stars: | 2023-01-05 | by ( Tom Porter | ) www.businessinsider.com   time to read: +2 min
Former President Donald Trump commented on Kevin McCarthy's ailing House speaker bid. He said the 2 days of voting that failed to elect a speaker had made the process "BIGGER & MORE IMPORTANT." Trump's endorsement of McCarthy hasn't swayed the 20 Republicans who continue to oppose him. The House adjourned on Wednesday after a second day of voting in which Rep. Kevin McCarthy failed to secure the 218 votes required to be elected House speaker. It's the first time since 1923 that a House speaker election hasn't been resolved on the first day.
☆ House speaker race appears to be pulling apart the GOP, says Frank Luntz
  + stars: | 2023-01-03 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHouse speaker race appears to be pulling apart the GOP, says Frank LuntzFrank Luntz, pollster and political strategist, joins 'Squawk Box' to discuss what's happening with the Republican party, what happens with the House speaker position and why Kevin McCarthy hasn't condemned George Santos.
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