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☆ Morning Bid: Bond steamroller flattens all
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +5 min

Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. That's all on top of the ongoing rethink of the Fed's long-term rate horizon and increasingly high-pressure economy. Hit from all sides, the Treasury market is simply in ructions - catalysed perhaps by technical, speculative and positioning factors too. Ten-year yields hit a whopping 4.88% early on Wednesday - an increase of 80 basis points in little over a month. And implied volatility in the bond market (.MOVE) hit its highest since May.

Persons: Florence Lo, Mike Dolan, Kevin McCarthy, Michelle Bowman, Austan Goolsbee, Jeffrey Schmid, St, Louis Fed, Kathleen O'Neill Paese, Mehmet Simsek, Bernadette Baum Organizations: U.S, REUTERS, Congress, riven, Federal Reserve, Bank of, Treasury, Nasdaq, Reserve Bank of New, P Global, U.S . Federal Reserve, Chicago Fed, Kansas City Fed, Turkish, Thomson, Reuters Locations: U.S, Washington, Asia, Europe, Reserve Bank of New Zealand, Kansas, London

☆ Did Biden and McCarthy strike a secret Ukraine side deal? Republicans and Democrats stoke suspicion after Ukraine funding was cut from spending bill
▼ + stars: | 2023-10-04 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Lawmakers this week were buzzing about a secret Ukraine side deal between Biden and Kevin McCarthy. Billions of dollars in funding for Ukraine were left out of a last-minute spending bill. But any deal the two struck was likely rendered moot after McCarthy was ousted from his speaker role Tuesday. "We just made one about Ukraine," Biden said. But without additional funding, the Pentagon has only a few months of funding left to maintain current spending rates in Ukraine, Kirby said.

Persons: Biden, Kevin McCarthy, McCarthy, —, Matt Gaetz, Sen, Michael Bennet, we'll, Karine Jean, Pierre, John Kirby, Kirby, Putin Organizations: Ukraine, Service, Republicans, Democrats, California Republican, Republican, Colorado Democrat, CBS News, National Security, DC, Pentagon Locations: Ukraine, Washington ,, Florida, Colorado, Russia

☆ Kyiv: Ousting of US House speaker darkens outlook for Ukraine aid as funds dry up
▼ + stars: | 2023-10-04 | by ( Tim Lister | ) edition.cnn.com time to read: +8 min

That left the Biden administration’s $24 billion request for fresh military aid, submitted to Congress in the summer, in limbo. While it’s unclear who might succeed him, several potential candidates are skeptical about continuing support for Ukraine at current levels. Let’s be clear, if the US Congress does not pass a funding bill, Ukraine will be in deep trouble. But for Ukraine’s military planners, the uncertainty is an immense challenge as they try to plot any winter offensive or where to place air defenses. Bryan R. Smith/AFP/Getty ImagesBut a senior adviser to Zelensky criticized “Western conservative elites” for suggesting that military aid to Ukraine should be suspended.

Persons: Kevin McCarthy, McCarthy, Joe Biden, McCarthy “, ” McCarthy, Volodymyr Zelensky, Robert Fico’s, –, Michael McCord, McCord, ”, Max Bergmann, ” Bergmann, Bergmann, “, Bergman, Dmytro Kuleba, ” Kuleba, Oksana Markarova, ” Markarova, Bryan R, Smith, Zelensky, Mykhailo Podolyak, Podolyak, ” Podolyak Organizations: CNN, Russia grinds, Kyiv, Biden, Ukraine, Russia, NATO, Congressional, House Democrats, Pentagon, Ukraine Security Assistance Initiative, Center for Strategic, International Studies, “, ‘, European Union, Facebook, Embassy of, USA, UN, Assembly, …, Congress Locations: Ukraine, Russia, Washington, Slovakia, Poland, Warsaw, Kyiv, Embassy of Ukraine, AFP

Leaders dropped $6 billion in Ukraine aid from the temporary funding measure passed Saturday as they focused on passing it quickly, just hours before the government would have shut down. Supporters of Ukraine aid — including Ukrainian President Volodymyr Zelenskyy, who visited the Capitol to plead for the money in person just two weeks ago — say it’s essential that additional funding is included. He said he would address Ukraine aid soon. But any dealmaking is on hold as House Republicans try to find a new leader. Jordan has made clear his opposition to additional Ukraine aid and reiterated it Wednesday.

Persons: Kevin McCarthy, McCarthy, Volodymyr Zelenskyy, Joe Biden, “, ” Biden, ”, Democratic Sen, Chris Murphy, ” Sen, Joe Manchin, Republicans “, Manchin, Biden, Lindsey Graham, Jim Jordan, Steve Scalise, Kevin Hern, Jordan, ” Jordan, Hern, Scalise, Kelly Armstrong, ” Armstrong, Adam Smith, Michael McCaul, McCaul, “ It’s, ” McCaul, Stephen Groves, Josh Boak, videojournalists Dan Huff, Nathan Ellgren Organizations: WASHINGTON, Republicans, Russia, Capitol, House Democrats, Ukraine, Senate, Democrats, Democratic, ”, Oklahoma Rep, Republican, House Armed Services Committee, Foreign, Associated Press Locations: Ukraine, “, Connecticut, United States, Russia, U.S, Ohio, Jordan, Washington, Texas

The House vote to oust Kevin McCarthy from his post on Tuesday marked a historic first, as a group of conservatives sided with Democrats to successfully boot him from the speakership. Immediately following the vote to oust McCarthy, a temporary speaker – Rep. Patrick McHenry of North Carolina – took over based upon a list of succession that the former speaker submitted in January. In his first move in the temporary role, McHenry recessed the chamber to “discuss the path forward,” before lawmakers returned to their districts for the week. Following the vote, former House Speaker Nancy Pelosi was ordered to vacate her Capitol hideaway. Pelosi called the move a “sharp departure from tradition,” as other former speakers have been permitted to retain offices near the House chamber beyond their tenure.

Persons: Kevin McCarthy, McCarthy, Patrick McHenry of, Patrick McHenry of North Carolina –, ”, McHenry, –, Steve Scalise, Jim Jordan of, Kevin Hern, Tom Emmer, Donald Trump, he’s, Matt Gaetz’s, Mitch McConnell, McCarthy –, “, ” McConnell, Chuck Schumer, Nancy Pelosi, Pelosi Organizations: White, Republican, GOP, Republicans, House Democrats, Capitol hideaway Locations: Patrick McHenry of North Carolina, McHenry, Louisiana, Jim Jordan of Ohio, Oklahoma, Minnesota, Florida

☆ Who might replace McCarthy as speaker and what it means for markets
▼ + stars: | 2023-10-04 | 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 EmailRaymond James analyst on who might replace Kevin McCarthy as House speaker and likely market impactEd Mills of Raymond James discusses House Speaker Kevin McCarthy's ousting and says there's a "much higher chance" of a US government shutdown in November.

Persons: Raymond James, Kevin McCarthy, Ed Mills, Kevin McCarthy's

☆ Scalise, Jordan aim to fill top job in US House
▼ + stars: | 2023-10-04 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsScalise, Jordan aim to fill top job in US HousePostedThe race to replace ousted House Speaker Kevin McCarthy took shape on Wednesday (October 4) as Steve Scalise, the chamber's No. 2 Republican, and Jim Jordan, a leading antagonist of Democratic President Joe Biden, said they would seek the post. Angela Johnston reports.

Persons: Scalise, Jordan, Kevin McCarthy, Steve Scalise, Jim Jordan, Joe Biden, Angela Johnston Organizations: Democratic

☆ Turmoil in DC as race for new Speaker of the House begins
▼ + stars: | 2023-10-04 | 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 EmailTurmoil in DC as race for new Speaker of the House beginsSahil Kapur, NBC News Sr. National Political Reporter, joins 'Fast Money' to talk turmoil in Washington D.C. after Rep. McCarthy was ousted from the House Speakership.

Persons: Sahil Kapur, McCarthy Organizations: NBC, Washington D.C Locations: Washington

☆ There’s no historical analog for what happened to Kevin McCarthy
▼ + stars: | 2023-10-04 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +11 min

CNN —Kevin McCarthy is House speaker no more. WOLF: But Cannon (unlike McCarthy) was never in danger of losing his job, right? So really, the difference here, I would say, is that Cannon was a czar and McCarthy is not. WOLF: How do you think Cannon would view what’s happening to McCarthy? WOLF: As we’re talking (before Tuesday’s vote to oust McCarthy), we don’t we don’t know his fate.

Persons: CNN — Kevin McCarthy, McCarthy, Matt Gaetz, McCarthy’s, Joseph Postell, Joseph Cannon, …, Cannon, There’s, doesn’t, George Norris, Newt, Gingrich, Nancy, Pelosi, what’s, hasn’t, Boehner’s, Paul Ryan’s, I’ve, you’re, WOLF, … Cannon, it’s, that’s, Boehner, Ryan Organizations: CNN, Florida Republican, Hillsdale College, Republican Party, Democratic Party, Republican, Democratic, American, Democrats, Caucus, Freedom Caucus Locations: Florida, ”, Nebraska, Cannon, That’s

☆ CNBC Daily Open: High rates are breaking something new in markets
▼ + stars: | 2023-10-04 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange during afternoon trading on July 18, 2023 in New York City. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. House Speaker, mutedEight hardline conservative Republicans joined all Democrats to oust Republican Kevin McCarthy as speaker in a "motion to vacate" introduced by Republican Matt Gaetz. Patrick McHenry, a close McCarthy ally, will assume the role of speaker temporarily; McCarthy said he won't be running again.

Persons: Kospi, CBRE, Knight Frank, Republican Kevin McCarthy, Matt Gaetz, Patrick McHenry, McCarthy Organizations: New York Stock Exchange, CNBC, Dow Jones, Treasury, Nikkei, Reserve Bank of New Zealand, Japan's, U.S, Republicans, Democrats, Republican, Citi Locations: New York City, Asia, Pacific, Canada

☆ Come on, people: there's never going to be a bipartisan coalition running the House
▼ + stars: | 2023-10-04 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +9 min

The ousting of Kevin McCarthy has thrown the House back into chaos, and there's no clear successor. Some have speculated that a "compromise speaker" or "coalition government" could emerge. AdvertisementAdvertisementThe fall of former House Speaker Kevin McCarthy at the hands of Rep. Matt Gaetz of Florida has revived talk of something relatively uncommon in American politics — a "compromise speaker" or "bipartisan coalition" emerging to govern the increasingly ungovernable House of Representatives. As the dust settled after the vote to boot McCarthy on Tuesday, I spotted Republican Rep. Mike Lawler walking away from the Capitol. "The Texas example is that sometimes you vote for a Republican speaker, but then you get a third of the chairs," Casar told me on Tuesday.

Persons: Kevin McCarthy, There's, —, Matt Gaetz, Let's, it's, McCarthy, Hakeem Jeffries, Maxwell Frost of, Jeffries, Mike Lawler, Lawler, Joe Biden, he's, Biden, Tom Williams, ", We've, Jamie Raskin, Donald Trump, Greg Casar, Casar, didn't, materializing, they're, Wiley Nickel, ” Tom Williams, Nick LaLota, bode Organizations: Service, Representatives, Republican, Moderate Republicans, Democratic, Republicans, Capitol, MAGA Republicans, Getty, Maryland, Trump, Democratic Rep, Congressional Progressive Caucus, America, Wall Street Locations: Florida, Maxwell Frost of Florida, New York, Texas, North Carolina, Ukraine

☆ Kevin McCarthy's wild ride as US House speaker ends in historic fall
▼ + stars: | 2023-10-04 | by ( David Morgan | ) www.reuters.com time to read: +5 min

U.S. House Speaker Kevin McCarthy (R-CA) walks back to the Speaker's office after a motion to vacate the chair of Speaker of the House and end McCarthy's continued leadership passed by a vote of 216-210, at the U.S. Capitol in Washington. On Tuesday, eight members of his party joined 208 Democrats to oust McCarthy as speaker in a 216-210 vote. But as I walk out of this chamber, I feel fortunate to have served the American people," McCarthy, 58, told reporters. "Frankly, one has to wonder whether or not the House is governable at all," Republican Representative Dusty Johnson told reporters after McCarthy's ouster. But hardliners soon used their leverage to shutter the House floor in protest over the spending level that McCarthy had agreed to Biden.

Persons: Kevin McCarthy, McCarthy's, Jonathan Ernst, Matt Gaetz, McCarthy, Gaetz, " McCarthy, Donald Trump, Joe Biden, seethed, Biden, John Boehner, Paul Ryan, Trump, Dusty Johnson, Steve Scalise, Tom Emmer, Jodey Arrington, Kevin Hern, David Morgan, Scott Malone, Stephen Coates Organizations: U.S, Capitol, REUTERS, Rights, U.S . House, California Republican, Democratic, Republican, Reuters, Republicans, Committee, Thomson Locations: Washington, California, U.S

There was no immediate indication of who might succeed McCarthy, but the next speaker could quash more Ukraine aid before a proposal reaches the House floor if that person opposes the idea. A Ukraine "report card" by Defending Democracy Together's "Republicans for Ukraine" campaign rated the leading candidates on the strength of their support for past Ukraine aid. Representative Tom Emmer, the House Republican whip, got the highest rating, an A. 2 House Republican, has long been favored to take over as speaker after McCarthy and received one notch lower, a B. McCarthy, who got a B-minus grade, early this week denied accusations by Gaetz that he had cut "a secret deal" with Biden to allow the House to vote on Ukraine aid.

Persons: Alexander Ermochenko, Kevin McCarthy's, McCarthy, Together's, Tom Emmer, Steve Scalise, Matt Gaetz, Gaetz, Jim Jordan, Byron Donalds, McCarthy's speakership, Biden, Joe Biden, Patricia Zengerle, Cynthia Osterman Organizations: REUTERS, Rights, U.S . House, The, Republicans, Republican, Thomson Locations: Nova, Russia, Ukraine, Hola, Kherson, Russian, U.S, Kyiv, United States

WASHINGTON, Oct 3 (Reuters) - U.S. House Speaker Kevin McCarthy's grip on power was in question on Tuesday as the House of Representatives, driven by Republican infighting, was holding a historic vote that could remove him from his job. If the rebellion by right-wing fellow Republicans against McCarthy is successful, it would be the first time in U.S. history that House lawmakers voted their leader out. "We need a speaker who will fight for something - anything - other than staying on as speaker," said Republican Representative Bob Good. "Think long and hard before you plunge us into chaos, because that's where we're headed," said Republican Representative Tom Cole. "This country does not need more drama," said Republican Representative Steve Womack.

Persons: Kevin McCarthy's, McCarthy, Matt Gaetz, " McCarthy, Bob Good, Kevin McCarthy, Ken Cedeno, Tom Cole, Joe Biden, Pramila Jayapal, Gaetz, McCarthy's, Steve Womack, Garret Graves, Makini Brice, David Morgan, Richard Cowan, Nandita Bose, Moira Warburton, Susan Heavey, Andy Sullivan, Jonathan Oatis, Alistair Bell, Howard Goller Organizations: ., Republican, Democrats, Democratic, U.S, Capitol, REUTERS, White, Senate, Thomson Locations: Florida, Washington, Washington , U.S

WASHINGTON, Oct 3 (Reuters) - Embattled U.S. House Speaker Kevin McCarthy on Tuesday teed up a vote on a challenge to his leadership by a fellow Republican, in an intra-party dispute that could plunge Congress into chaos. McCarthy said the House of Representatives will vote later in the day on a motion by Representative Matt Gaetz, a McCarthy antagonist, that could potentially remove him from his post. The chamber could hold a straight up or down vote, or could hold a vote to sideline it. House Democratic Leader Hakeem Jeffries declined to say how his members would vote, or whether they would vote as a unit. I think that that's pretty telling," said Republican Representative Tim Burchett, who said he would vote to oust McCarthy.

Persons: Kevin McCarthy, McCarthy, Matt Gaetz, Gaetz, Darrell Issa, Hakeem Jeffries, Joe Biden, Ken Cedeno, Gerry Connolly, McCarthy's, Tim Burchett, Matt, Steve Womack, Makini Brice, David Morgan, Richard Cowan, Nandita Bose, Moira Warburton, Susan Heavey, Andy Sullivan, Jonathan Oatis, Alistair Bell Organizations: Republican, Republicans, Democratic, ., U.S, Capitol, REUTERS, Thomson Locations: Washington, Washington , U.S

Top Democrats signal they are ready to sink Speaker of the House Kevin McCarthy after leaving a closed door meeting of their caucus, saying that they remain united. Speaker McCarthy has shown he cannot govern,” Ted Lieu, a member of Democratic leadership, told CNN. “We don’t trust him. Rep. Veronica Escobar says she would not help McCarthy and called him “dishonest” and “destructive.”“I could never see a situation where I would vote for Kevin McCarthy. You know, for now, I think you're gonna see that a lot of folks think that way,” she told CNN.

Persons: Kevin McCarthy, McCarthy, Ted Lieu, “, ” Lieu, Hakeem Jeffries, Adam Schiff, Veronica Escobar, ”, Ilhan Omar Organizations: Democratic, CNN, House Democratic, ” Locations: “

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Persons: Dow Jones

☆ Republicans Cut Off Their Own Heads
▼ + stars: | 2023-10-03 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

Wonder Land: Most federal employees already work from home. Let's make that permanent. Images: AP/iStock Photo Composite: Mark KellyA band of eight Republicans succeeded in ousting Kevin McCarthy as House Speaker on Tuesday, and we trust they’re happy. They now have the chaos they wanted, though it isn’t clear what else they hope to achieve. Their clever plan seems to be to cut off their own heads.

Persons: Mark Kelly, Kevin McCarthy

[1/8] U.S. Representative Matt Gaetz (R-FL) speaks with reporters after filing a motion to vacate —an attempt to oust House Speaker Kevin McCarthy (R-CA)— as he departs the U.S. Capitol in Washington, U.S. October 2, 2023. A faction of about 20 Republicans, Gaetz included, had forced McCarthy's hand by repeatedly blocking other legislation. No U.S. House speaker has ever been removed from the position that puts the holder second in line in succession for the presidency after the vice president. "What we're seeing with House Republicans is pure chaos," White House Press Secretary Karine Jean-Pierre said. On the House floor, Gaetz earlier accused McCarthy of having a "secret side deal" with Democrats to approve Ukraine aid.

Persons: Matt Gaetz, Kevin McCarthy, Jonathan Ernst, Gaetz, McCarthy, McCarthy's, Joe Biden, Biden, Hakeem Jeffries, Karine Jean, Pierre said, Richard Cowan, Makini Brice, Katharine Jackson, Doina Chiacu, Moira Warburton, Costas Pitas, Kanishka Singh, Andy Sullivan, Scott Malone, Cynthia Osterman, Alistair Bell, Grant McCool, Ross Colvin Organizations: U.S, —, Capitol, REUTERS, Rights, . House, Democratic, Republicans, House Press, House Republicans, Senate, Thomson Locations: Washington , U.S, McCarthy's, Ukraine

☆ Rep. McCarthy addresses country after he is ousted from House Speakership
▼ + stars: | 2023-10-03 | 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 EmailRep. McCarthy addresses country after he is ousted from House SpeakershipHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: McCarthy, Brian Sullivan, “ Organizations: House, CNBC

Poland's President Andrzej Duda said afterward that Biden had assured the group of continued U.S. support for Ukraine and of his strong conviction that Congress will not walk away. “President Joe Biden began with telling us about the situation in the U.S. and what is the real political situation around Ukraine. He assured us that there is backing for the continuing support for Ukraine, first of all for the military support. He said Biden called on the participants to continue their support for Ukraine and that everyone assured him that they would. The money later was approved separately, but opponents of Ukraine support celebrated their growing numbers.

Persons: Joe Biden, —, Biden, Andrzej Duda, Duda, ” Duda, ”, Jens Stoltenberg, ” Stoltenberg, Antony Blinken, Emmanuel Macron, ” Biden, “, Chuck Schumer, Kevin McCarthy, McCarthy, Volodymyr Zelenskyy, Monika Scislowska Organizations: WASHINGTON, Ukraine, Russia, White House, U.S ., NATO, @POTUS, Biden, European Commission, European Council, White, — Democrats, Republicans, Senate, House, GOP, Republican, Capitol, Ukrainian, Associated Press Locations: U.S, Ukraine, Kielce, Poland, United States, Russia, Canada, Germany, Italy, Japan, Romania, Britain, Mexico, Warsaw

☆ Matt Gaetz says that if the Democratic Party wants to adopt Kevin McCarthy, they can
▼ + stars: | 2023-10-03 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Rep. Matt Gaetz says the Democratic Party can adopt House Speaker Kevin McCarthy if they so wish. "If the Democrats want to own Kevin McCarthy, they can have him," Gaetz told the media on Monday. AdvertisementAdvertisementRep. Matt Gaetz says the Democratic Party is welcome to adopt Kevin McCarthy if they want to. "If the Democrats want to own Kevin McCarthy, they can have him," Gaetz told journalists on Monday night after filing his motion to remove McCarthy. "Because one thing I'm at peace with is when we stand here a week from now, I won't own Kevin McCarthy anymore.

Persons: Matt Gaetz, Kevin McCarthy, Gaetz, McCarthy, —, GOP holdouts Organizations: Democratic Party, Service, Florida Republican, GOP, Gaetz Locations: Florida

☆ Canada to pick new House speaker after fiasco involving former Nazi soldier
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: +2 min

[1/4] Canada's Prime Minister Justin Trudeau casts his vote during the election of a new Speaker in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada October 3, 2023. Former speaker Anthony Rota, a member of the governing Liberal party, resigned last week. The members of the 338-seat House will then vote by secret ballot, ranking the candidates in order of preference. The House speaker is meant to be an impartial arbitrator of parliamentary procedure, seeking to maintain order and decorum during debates. Among the candidates are Liberal Greg Fergus, who if elected would be the first person of color to become speaker.

Persons: Justin Trudeau, Blair Gable, Volodymyr Zelenskiy, Anthony Rota, Yaroslav Hunka, Adolf Hitler's Waffen, Zelenskiy, Rota, Liberal Greg Fergus, Liberal Sean Casey, Prince Edward Island, Chris d'Entremont, Elizabeth May, Steve Scherer, Deepa Babington 私たち Organizations: Canada's, REUTERS, Rights OTTAWA, Liberal, Adolf Hitler's Waffen SS, Liberals, Green Party Locations: Ottawa , Ontario, Canada, Nazi, Polish, Ukrainian, Ukraine, Quebec's Gatineau Hills

☆ It's currently a secret who would temporarily lead the House if Kevin McCarthy is ousted from power
▼ + stars: | 2023-10-03 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

If Speaker Kevin McCarthy is ousted, his immediate successor is currently a secret. Under House rules, McCarthy previously turned over a list of potential temporary successors that would lead the chamber. AdvertisementAdvertisementIf House Speaker Kevin McCarthy is ousted from power, the American people do not currently know who would step in to temporarily lead one of the two houses of Congress. Under House rules, McCarthy was required to turn over to the House clerk a list of members that could temporarily serve as Speaker of the House if he is ousted from power or if the office becomes vacant. The House speaker is also second in line to the presidency, after the vice president.

Persons: Kevin McCarthy, McCarthy, —, Matt Gatez, Hakeem Jeffries, Joseph Cannon, Josh Huder, Gaetz Organizations: Service, Republican, Government Affairs Institute, Georgetown University, California Republican, Republicans, Democrats Locations: Florida, California

☆ Laphonza Butler sworn in as California’s newest senator
▼ + stars: | 2023-10-03 | by ( Jack Forrest | ) edition.cnn.com time to read: +2 min

Washington CNN —Democratic Sen. Laphonza Butler made history Tuesday when she was sworn in by Vice President Kamala Harris as the first out Black lesbian to enter Congress and the only Black woman presently serving in the Senate. Gavin Newsom to fill the seat left vacant by the death of Democratic Sen. Dianne Feinstein, becomes only the third Black woman to serve as a US senator. Harris, formerly the sole Black woman in the Senate, vacated her seat in 2021 after her election as vice president. Newsom was under intense pressure within California to choose a Black woman to succeed her, but instead appointed Alex Padilla, then California’s secretary of state, who became the first Latino senator from the state. Newsom later pledged to appoint a Black woman to Feinstein’s seat should the senator resign before her term’s end.

Persons: Washington CNN — Democratic Sen, Laphonza Butler, Kamala Harris, Butler, Gavin Newsom, Democratic Sen, Dianne Feinstein, Jersey Sen, Bob Menendez’s, Sen, Harris ’, Harris, Newsom, Alex Padilla, Adam Schiff, Nancy Pelosi, Katie Porter, Barbara Lee, Lexi Reese, Eric Early Organizations: Washington CNN — Democratic, California Gov, Democratic, House Democrats, Intelligence, Congressional Progressive Caucus, Congressional Black Caucus, House Democratic Locations: Jersey, California

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