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Read previewIt's not quite the "extinction-level event for the Tories" that John Oliver predicted, but the Conservative Party did suffer a bitter defeat in Thursday's UK general election. This story is available exclusively to Business Insider subscribers. At the July 4 polls, the Conservative Party suffered a massive defeat at the hands of its rivals, Labour. UK Prime Minister and Conservative Party leader Sunak conceded defeat to Labour leader Kier Starmer early Friday morning. Representatives for Oliver did not immediately respond to a request for comment from Business Insider sent outside regular business hours.
Persons: , John Oliver, Oliver, that's, Brexit, David Cameron, Theresa May, Boris Johnson, Liz Truss, Rishi Sunak, weirdos, Conservatives who've, Sunak, Kier Starmer Organizations: Service, Conservative Party, Thursday's, Business, Tories, Conservative, Conservatives, Labour, Prime, Business Insider Locations: Britain
Campaign finance disclosures released this week show the RNC had just $8 million in the bank and $1 million in debt. An effort by Trump allies to have the RNC this week declare Trump the “presumptive nominee” was withdrawn after it drew criticism because Haley is still running. The invite-only event drew nearly 400 attendees aligned with the group, including some RNC members, as well as state and local Republican Party chairs. Inside the RNC meeting, some members, including those who have been critical of McDaniel, said the Turning Point effort was ill-advised. Turning Point is looking to expand its influence and reach beyond the youth movement, with mixed results.
Persons: Ronna McDaniel, Joe Biden, McDaniel, , ” McDaniel, , Donald Trump, Nikki Haley, she's, Biden, Haley, Trump, Kirk, who've, Henry Barbour, Emma Vaughn, ” ___ Slodysko Organizations: LAS, Republican, Trump, RNC, Democratic National Committee, Las Vegas, Republican Party, Mississippi, Democrat, Republican National Committee Locations: LAS VEGAS , Nevada, Las Vegas, fundraise, Iowa, Las, Arizona, Wisconsin , Arizona, Georgia, Washington
Kevin McCarthy kept flailing Thursday as 20 House conservatives torched another speaker vote. Republican Rep. Josh Gottheimer, who was once a thorn in House Democrats' side, said the GOP could be in for chaos if talks could on their current trajectory. Republican Rep. Dan Crenshaw of Texas previously compared bringing back the procedural maneuver to governing "with a gun to your head." According to multiple reports, McCarthy has now agreed to let a single House Republican wield that power. This almost certainly means McCarthy would need to rely on House Democrats, a scenario that has doomed past GOP speakers.
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