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☆ There's certainly a Trump story behind Kevin McCarthy's downfall, says Axios' Mike Allen
▼ + 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 EmailThere's certainly a Trump story behind Kevin McCarthy's downfall, says Axios' Mike AllenMike Allen, Axios co-founder, joins 'Squawk Box' to discuss the ouster of Kevin McCarthy as Speaker of the House, the influence of former President Donald Trump on McCarthy's downfall, what happens next for House Republicans and speakership position, and more.

Persons: Kevin McCarthy's, Axios, Mike Allen Mike Allen, Kevin McCarthy, Donald Trump Organizations: House Republicans

☆ House speaker succession battle heats up: Jordan, Scalise and Trump in the mix
▼ + stars: | 2023-10-04 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +3 min

Reps. Jim Jordan and Steve Scalise are the top candidates to replace Kevin McCarthy, who was voted out as speaker in an unprecedented move Tuesday. "I think very highly of Steve Scalise. I would vote for Steve Scalise," Gaetz said this week. The third-ranking House Republican, Majority Whip Tom Emmer of Minnesota, mused that Scalise "would be a great speaker" on Tuesday. Should Scalise become House Speaker, Emmer hopes to replace him as Majority Leader.

Persons: Steve Scalise, Jim Jordan, Alexander Vindman, President Trump, WASHINGTON —, gavel, Kevin McCarthy, Donald Trump, Jordan, Darrell Issa, Tom Massie of, Scalise, Matt Gaetz, McCarthy, Gaetz, Tom Emmer, Emmer Organizations: European Affairs, National Security Council, U.S . House, House Intelligence, House Foreign Affairs, Capitol, WASHINGTON, Republican, Freedom Caucus, Tom Massie of Kentucky, White, House, GOP, Florida Republican Locations: Washington, Ohio, Calif, Louisiana, Florida, Minnesota

☆ Chris Christie: Kevin McCarthy's ouster gives people more concern about GOP being a governing party
▼ + 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 EmailChris Christie: Kevin McCarthy's ouster gives people more concern about GOP being a governing partyFormer New Jersey Governor and 2024 presidential candidate Chris Christie joins 'Squawk Box' to discuss the fall of Kevin McCarthy, the impact of former President Donald Trump on the Republican party, the 2024 race, and more.

Persons: Chris Christie, Kevin McCarthy's, Kevin McCarthy, Donald Trump Organizations: GOP, Former New Jersey Governor, Republican

☆ 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

☆ 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

☆ Lindsey Graham jokes that he's too sane to try to replace Kevin McCarthy as Speaker of the House
▼ + stars: | 2023-10-04 | by ( Rebecca Cohen | John L. Dorman | ) www.businessinsider.com time to read: +3 min

Sen. Lindsey Graham of South Carolina joked that he's too sane to assume the House speakership. Fellow Sen. Tim Kaine of Virginia playfully told Graham that he could compete for the position. The conversation came after the House on Tuesday voted 216-210 to remove McCarthy from the role. AdvertisementAdvertisementRepublican Sen. Lindsey Graham doesn't think he's up for the job of Speaker of the House — but that's because he's not crazy enough to apply. "Hey Lindsey, you know you don't have to be a member of the House to be chosen speaker," the Virginia Democrat told Graham.

Persons: Sen, Lindsey Graham of, he's, Tim Kaine, Virginia, Graham, McCarthy, —, Republican Sen, Lindsey Graham doesn't, Kevin McCarthy of, We've, it's, Hey Lindsey, you've, Matt Gaetz Organizations: Service, Republican, NBC News, South Carolina, NBC, Virginia Democrat, Caucus, GOP Locations: Lindsey Graham of South Carolina, Kevin McCarthy of California, California, Florida

☆ GOP lawmakers react to McCarthy's ouster
▼ + stars: | 2023-10-04 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsGOP lawmakers react to McCarthy's ousterPostedA handful of Republicans in the U.S. House of Representatives on Tuesday (October 3) ousted Republican Speaker Kevin McCarthy, as party infighting plunged Congress into further chaos just days after it narrowly averted a government shutdown.

Persons: Kevin McCarthy Organizations: U.S . House, Republican Locations: U.S

☆ Matt Gaetz says ousting Kevin McCarthy wasn't 'personal': 'I hope he finds fruitful pastures'
▼ + stars: | 2023-10-04 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Rep. Matt Gaetz says his successful quest to remove Kevin McCarthy as speaker wasn't "personal." Gaetz told Laura Ingraham on Tuesday that he hopes McCarthy "finds fruitful pastures." Gaetz said last month that he would try to oust McCarthy "every single day." AdvertisementAdvertisementRep. Matt Gaetz says his successful quest to oust Kevin McCarthy from the speakership wasn't personal. AdvertisementAdvertisementLast month, Gaetz said at a speech on the House floor that he would try to oust McCarthy from the speakership "every single day."

Persons: Matt Gaetz, Kevin McCarthy, wasn't, Gaetz, Laura Ingraham, McCarthy, —, Fox, Ingraham, GOP holdouts Organizations: Service, Florida Republican, GOP, Gaetz Locations: Florida

☆ Your world in 10 minutes: Listen to Reuters journalists talk about McCarthy's ouster and other top news
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +1 min

Listen on the Reuters app. A first in the U.S. House of Representatives: Speaker Kevin McCarthy is ousted as party infighting plunges Congress into further chaos. In Britain, Prime Minister Rishi Sunak tries to unite a divided Conservative party to fight next year’s election. Plus, a sell-off in government bonds has investors around the world spooked and banners say the sons of El Chapo have banned fentanyl production - but what do they really mean? Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices.

Persons: Kevin McCarthy, Rishi Sunak, El Chapo, El Organizations: Apple, Google, Reuters, U.S . House, Conservative, Thomson Locations: U.S, Britain, Sinaloa

☆ Matt Gaetz's GOP colleagues are so annoyed with him that they forced him to stand on the Democratic side of the House floor
▼ + stars: | 2023-10-04 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +3 min

Rep. Matt Gaetz's GOP colleagues are so tired of his antics that they made him stand with Democrats, The Washington Post reported. Gaetz stood on the Democratic side of the floor Tuesday as he called for Kevin McCarthy's ouster as House speaker. Gaetz made no secret of his disapproval of McCarthy and triggered a historic vote this week that resulted in McCarthy's removal. AdvertisementAdvertisementRep. Matt Gaetz's colleagues in the House GOP conference have grown so annoyed by him that they forced him to stand on the Democratic side of the chamber. That's according to The Washington Post, which reported that Gaetz stood with Democratic lawmakers on Tuesday as he called for Rep. Kevin McCarthy to be removed as House speaker.

Persons: Matt Gaetz's, Gaetz, Kevin McCarthy's, McCarthy, —, Kevin McCarthy, Don Bacon, Derrick Van Orden, Matt Gaetz, Mike Garcia, Patrick Henry Organizations: The Washington Post, Democratic, Service, GOP, Republican Party, Republican, North Carolina Rep Locations: Nebraska, Wisconsin, United States, America, California, Florida

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

☆ What Kevin McCarthy's ousting as House Speaker means for markets
▼ + stars: | 2023-10-04 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

The ousting of Republican Kevin McCarthy as House Speaker may not have an immediate impact on Wall Street, but it raises the likelihood of a government shutdown in the fourth quarter — which could inject more volatility into an already rattled market. Now, Congress also grapples with deciding its next speaker to lead the House. "The immediate market impact of McCarthy's ouster is relatively limited as the government is funded through November 17," said BTIG's Isaac Boltansky. "The near-term concern is that the House's paralysis will further complicate the already complicated calculus surrounding the forthcoming funding fight." Impact on the defense sector The removal of McCarthy could have an impact on the defense sector.

Persons: Kevin McCarthy, Goldman Sachs, Jan Hatzius, Ray Dalio, Isaac Boltansky, McCarthy, Scott Deuschle, Lockheed Martin, Northrop Grumman, Deuschle, — CNBC's Michael Bloom Organizations: Deutsche Bank, Lockheed, General Dynamics, Huntington Ingalls Industries Locations: Ukraine

☆ 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

☆ After McCarthy's ouster, House GOP leaders are scrambling to boost their rank
▼ + stars: | 2023-10-04 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

On Tuesday, the House voted to remove Kevin McCarthy as speaker. As it stands, Rep. Steve Scalise is still the majority leader, Rep. Tom Emmer is the majority whip, and Rep. Elise Stefanik serves as the Republican conference chairman. He'll face off against Rep. Jim Jordan, the chair of the House Judiciary Committee, as well as Oklahoma Rep. Kevin Hern. Guy Reschenthaler, the GOP's chief deputy whip, also declared his desire on Wednesday to replace Emmer as whip if given the opportunity. AdvertisementAdvertisementDespite the ongoing movement amongst Republican House leadership at the moment, the House is out of session until next week.

Persons: Kevin McCarthy, Steve Scalise, Tom Emmer, —, McCarthy, Matt Gaetz, Patrick McHenry, Elise Stefanik, Scalise, He'll, Jim Jordan, Kevin Hern, Stefanik, who's, Guy Reschenthaler, Emmer, Greg Steube, Joe Biden Organizations: Service, Democratic, Republican, House, Rep, Committee, GOP Locations: Oklahoma

☆ DeSantis pins McCarthy's fall from grace on Trump, saying the congressman was a bad choice for speaker to begin with
▼ + stars: | 2023-10-04 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

DeSantis spoke out against former Speaker Kevin McCarthy on Tuesday. DeSantis linked McCarthy's rollercoaster of a speakership to Trump, who helped him get there. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Ron DeSantis went after former House Speaker Kevin McCarthy on Tuesday in an interview, linking his downfall to former President Donald Trump. To temporarily fill his place, Interim Speaker Patrick McHenry has taken over speakership duties until a full-fledged speaker is elected.

Persons: DeSantis, Kevin McCarthy, McCarthy, Trump, —, Ron DeSantis, Donald Trump, denigrated DeSantis, it's, KEVIN, Patrick McHenry Organizations: Service, Florida Gov, Scripps News, Florida's, Congressional District, Caucus, CBS News, NBC News, Republican

☆ Here's what Kevin McCarthy is losing after Matt Gaetz knocked him out of the Speaker's chair
▼ + stars: | 2023-10-04 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

Rep. Kevin McCarthy was ousted as speaker of the House on Tuesday in a historic vote. In addition to the title, McCarthy will lose his higher salary and large Capitol Hill office. With McCarthy out as speaker, he'll no longer have access to those White House intelligence briefings. The speaker's office is a large, elaborately adorned suite located near the center of the main Capitol building. AdvertisementAdvertisementMcCarthy moved into the speaker's office at the beginning of this year before he actually had the votes to get elected speaker, prompting Gaetz to accuse him of "squatting."

Persons: Kevin McCarthy, McCarthy, —, Kevin McCarthy's, Matt Gaetz, Patrick McHenry, Gaetz Organizations: Service, California Republican, House Republicans, intel, Senate, White, Capitol Locations: California

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

[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

☆ House Speaker Kevin McCarthy will bring Gaetz motion to oust him to a vote Tuesday
▼ + stars: | 2023-10-03 | by ( Emma Kinery | ) www.cnbc.com time to read: +1 min

WASHINGTON — House Speaker Kevin McCarthy told his Republican caucus members he will bring a motion that seeks to oust him to a vote Tuesday afternoon, two GOP lawmakers told NBC News. Rep. Matt Gaetz, R-Fla., a longtime foe of McCarthy's, on Monday night filed a motion to vacate targeting the speaker's position. Gaetz has been threatening McCarthy with a motion to vacate since he worked with Democrats on a debt ceiling deal in the spring. McCarthy told CNBC's "Squawk Box" on Tuesday morning that Gaetz has "personal things in his life that he has challenges with." In January, as a condition to secure enough votes to become speaker, McCarthy agreed to change the rules to lower the threshold needed to bring a motion to oust a speaker from five votes to just one.

Persons: Kevin McCarthy, Matt Gaetz, Gaetz, McCarthy, CNBC's Organizations: Republican, U.S, Capitol, WASHINGTON —, NBC News, GOP Locations: Washington

☆ 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

☆ House Speaker Kevin McCarthy planted the seeds of his own downfall in his January 2023 concessions
▼ + stars: | 2023-10-03 | by ( Madison Hall | ) www.businessinsider.com time to read: +4 min

To become speaker of the House, Kevin McCarthy was forced to make several concessions. He agreed to change House rules to allow any member to bring a motion to vacate the speakership. In January, just a few short months after an election where Republicans just barely gained majority control of the House of Representatives, McCarthy had emerged as the frontrunner to become the next House speaker. Traditionally, it only takes one ballot and less than one day to elect a speaker, and the victor only needs a simple majority vote to ascend to the speakership. If a simple majority of House members vote in favor, McCarthy will be removed from the post and replaced with a temporary, unknown speaker to preside over the chamber until a new speaker is formally elected.

Persons: Kevin McCarthy, —, Kevin McCarthy's, McCarthy, Nancy Pelosi, Matt Gaetz, renege Organizations: Service, Republican, Congress, Republicans, Democrats, GOP, Democratic

WASHINGTON (AP) — Lawmakers who had been sitting in stunned silence gasped at the declaration: The office of speaker “is hereby declared vacant. ”For the first time ever, a House speaker had been voted out of the position, plunging Congress into a new degree of turmoil. “Chaos is Speaker McCarthy,” Gaetz said on the floor, suggesting a series of reforms could make Washington work better. “Shocking … just the finality of it," said Rep. Michael McCaul, a Texas Republican who chairs the House Foreign Relations Committee. Republicans will try to coalesce around a new leader after McCarthy ruled out another bid to become speaker.

Persons: gasped, “, Kevin McCarthy, Brian Fitzpatrick, McCarthy, ” McCarthy, Donald Trump, Hakeem Jeffries, “ Kevin McCarthy, ”, Jamie Raskin, Matt Gaetz, ” Gaetz, Republicans —, —, Patrick McHenry of, Michael McCaul, Republicans seething, Abraham Lincoln, Teddy Roosevelt, Democrats —, Mary Claire Jalonick, Farnoush Amiri, Lisa Mascaro, Kevin Freking Organizations: WASHINGTON, — Lawmakers, California Republican, Lawmakers, Republican Party, Republicans, ”, Pennsylvania Republican, Capitol, Democratic, Republican, Texas Republican, Foreign Relations, —, Democrats, Associated Press Locations: California, United States, Washington, Pennsylvania, “ Ukraine, Russia, Maryland, Patrick McHenry of North Carolina, Texas, Gaetz

☆ US Aid to Ukraine May Hinge Partly on Who Takes Over as House Speaker
▼ + stars: | 2023-10-03 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +2 min

Persons: Patricia Zengerle WASHINGTON, 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: U.S . House, The, Republicans, Republican Locations: U.S, Ukraine, Kyiv, United States

REUTERS/Jonathan Ernst Acquire Licensing RightsOct 4 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The Japanese yen? Japanese stocks had already slumped to a four-month low before the yen's sudden burst of strength. Purchasing managers index reports from Japan, Australia and South Korea will be released, and the Reserve Bank of New Zealand announces its latest interest rate decision on Wednesday. The RBNZ is widely seen holding its key interest rate at 5.50% - the highest in nearly 15 years - and keep it there at least until March before lowering it shortly after.

Persons: Kevin McCarthy, McCarthy's, Jonathan Ernst, Jamie McGeever, Bond, Bill Gross, Fed's Schmid, Bowman, Goolsbee, Josie Kao Organizations: U.S, Capitol, REUTERS, New York Fed, Nikkei, Reserve Bank of New Zealand, Thomson, Reuters Locations: Washington , U.S, Japan, Washington, Swiss, U.S, Asia, Australia, South Korea, Zealand, Korea

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