At the top of Kevin McCarthy’s to-do list as he begins his role as House Speaker is adopting a new rules package for the chamber when it convenes Monday evening.
McCarthy, who was elected speaker after a historic 15 ballots, made a series of concessions to conservative Republicans in order to secure the votes he needed to win the position. Those deals will be center stage as the House votes on whether to pass the new rules package.
Among the biggest concessions, McCarthy agreed to allow a single lawmaker to call a vote to oust the speaker; a condition on which he initially said he would not budge. The California Republican also agreed to holding a vote on congressional term limits, putting more House Freedom Caucus members on the powerful House Rules Committee, and to mandate 72 hours for bills to be reviewed before votes, among others.
Even more concessions could be revealed during the evening vote. At least two Republicans have already said they are skeptical of the new rules package, which could make things challenging for McCarthy since he can only afford to lose four votes on legislation and still overcome Democratic opposition.
The House is set to convene at 5 p.m. ET.
The U.S. Treasury Department has changed the standard for what kind of electric vehicles qualify for a federal tax benefit under the Inflation Reduction Act.
New York Republican Rep. George Santos is temporarily stepping down from his congressional committee assignments amid ongoing investigations surrounding his fabrications.
British energy giant BP predicts that fossil fuels as a primary energy source will decline from 80 percent in 2019 to between 55 and 20 percent in 2050.
The costs of COVID-19 vaccines are expected to skyrocket once the government stops buying them, with Pfizer saying it will charge as much as $130 per dose, and millions of people are expected to be kicked off of Medicaid.
TikTok CEO Shou Zi Chew will testify before Congress in March about the app's security and its ties to China.
The House Speaker said he wants to address spending cuts along with raising the debt limit, even though the White House has ruled out linking those two issues together as the government tries to avoid a potentially devastating financial default.
The Federal Reserve's preferred gauge of inflation showed the pace of price increases is slowing.
Newly released video shows the husband of former U.S. House Speaker Nancy Pelosi fighting for control of a hammer with his assailant during a brutal attack in the couple’s San Francisco home last year.
The Biden administration released the "renters' bill of rights" as rent prices soar.
President Joe Biden touted the administration's economic achievements in a Virginia speech, while bashing Republicans for their handling of the nation's debt ceiling.
Load More