A monitor in Statuary Hall displays House Republican Leader Kevin McCarthy, R-Calif., as he sits in the chamber at the start of a tenth ballot to elect a speaker of the House, at the Capitol in Washington, Thursday, Jan. 5, 2023. (AP Photo/J. Scott Applewhite)
Capitol Hill faced another day of votes for the next House speaker as Kevin McCarthy failed to gain support in the seventh, eighth, ninth, tenth, and eleventh rounds of voting.
Each of the Republican leader's attempts to win the speakership failed with 20 Republicans refusing to back him and another voting Present, even after the he made several concessions Wednesday evening.
McCarthy agreed to a rules change that would allow just one member to call for a vote to oust the speaker, a major concession that many defectors had asked for and initially something McCarthy had strongly opposed. He also agreed to allow more members of the Freedom Caucus to serve on the powerful House Rules committee.
The seventh and eight votes showed the reluctance of some defectors to ever support McCarthy as speaker.
“You never have to ask me again if I’m a no on Kevin McCarthy, I will never vote for Kevin McCarthy,” Rep. Bob Good, a consistent voter against McCarthy, told reporters Thursday morning. McCarthy can only afford to lose the support of four Republicans, given the slim majority they have.
But even after eight defeats, McCarthy has shown no signs of giving up the bid, in part not wanting to set a precedent that such a small faction of the party can have so much control.
The California Republican told reporters Thursday he was “confident” they would get to a solution and that lawmakers were having “good discussions,” but would not predict when he would have the votes by.
President Donald Trump's administration last month awarded a $1.2 billion contract to build and operate what's expected to become the nation’s largest immigration detention complex to a tiny Virginia firm with no experience running correction facilities.
Cracker Barrel said late Tuesday it’s returning to its old logo after critics — including President Donald Trump — protested the company’s plan to modernize.
Federal Reserve Gov. Lisa Cook's lawyer says she'll sue President Donald Trump's administration to try to prevent him from firing her. Longtime Washington attorney Abbe Lowell said Tuesday that Trump “has no authority to remove” Cook. If Trump succeeds in removing Cook from the Fed's board of governors, it could erode the Fed’s political independence, which is considered critical to its ability to fight inflation because it enables the Fed to take unpopular steps like raising interest rates. The Republican president said Monday he was removing Cook because of allegations she committed mortgage fraud. Cook was appointed by Democratic President Joe Biden in 2022 and says she won't step down.
Federal Reserve governor Lisa Cook late Wednesday said she wouldn’t leave her post after Trump on social media called on her to resign over an accusation from one his officials that she committed mortgage fraud.
Politico's Marcia Brown breaks down the MAHA draft roadmap: industry-friendly, light on regulation, heavy on research and voluntary food policy changes.
Intel CEO Lip-Bu Tan says he’s “always operated within the highest legal and ethical standards” after coming under pressure following President Donald Trump’s call for him to resign.
Millions of Americans saving for retirement through 401(k) accounts could have the option of putting their money in higher-risk private equity and cryptocurrency investments.
A new federal rule would make it easier for companies to use drones over longer distances out of sight of the operator without having to go through a cumbersome waiver process.
President Donald Trump has signed the GENIUS Act into law, setting new regulations for stablecoins, a type of cryptocurrency tied to assets like the U.S. dollar.