Rep. Garamendi (D-CA): Kevin McCarthy Would Have No Easy Task as Speaker
House Speaker Paul Ryan threw his weight behind Majority Leader Kevin McCarthy (R-CA) as a replacement for when he retires from his position in January.
The Wisconsin Republican told NBC Friday that “Kevin’s the right guy to step up.” Although, it’s unclear how much Ryan’s endorsement would boost McCarthy’s prospects.
The Majority Leader jockeyed to replace former Speaker John Boehner (R-OH) in 2015 but abruptly bowed out of the race, citing a potential lack of support from the party at the time, particularly from the conservative Freedom Caucus.
And Rep. John Garamendi (D-CA) thinks that even with Ryan’s backing this time, McCarthy may get a little *déjà vu*.
“Given the extraordinary fracture that exists in the Republican caucus between the more normal Republicans and the Freedom Caucus, it’s nearly an impossible task,” Gramendi told Cheddar Friday.
Additionally, half of the district that McCarthy represents relies on Medicaid, which is something the GOP wants to cut. Taking the party position as Speaker could damage McCarthy’s standing with his constituents, said Garamendi.
Ryan announced earlier this week he would not seek re-election, leaving the Republican party scrambling to find a replacement. Other potential candidates for Speaker include Majority Whip Steve Scalise (R-LA), who was shot at a congressional baseball practice last year, and Rep. Jim Jordan (R-OH), who heads the Freedom Caucus.
But that’s only part of the party’s problem. Ryan’s retirement also suggests that the GOP could find it tough to hold onto its majority in the House at the midterm elections.
For full interview, [click here](https://cheddar.com/videos/rep-garamendi-d-ca-president-trump-is-destroying-the-american-government).
The COP26 summit in Scotland is in its final days, and the U.N. has just released a draft of an agreement for more than 200 world leaders to sign on Friday. The draft urges nations to set more aggressive goals in cutting emissions, while also calling for coal to be phased out. Chloe Demrovsky, President and CEO of Disaster Recovery Institute International, joins Cheddar News to discuss this agreement.
The Department of Justice has filed a lawsuit against Uber, alleging the ride-hailing company discriminates against customers with disabilities. The DOJ is arguing that its two-minute wait period before a cancellation fee is applied violates the Americans With Disabilities Act.
Stocks fell into the red on Wednesday after new data heightened fears over inflation. Vince Lorusso, Co-Founder and portfolio manager at Changebridge Capital, joins Cheddar News' Closing Bell where he says recent history suggests investors to buy the dips.
Iran is continuing to crack down on illicit bitcoin mining in the Islamic Republic after 227 mining rigs were seized. Businesses looking to run legal bitcoin mining operations have had to seek approval since 2019.
Tatenda Musapatike, Founder of the Voter Formation Project and former Political Ad Specialist at Facebook, joined Cheddar to discuss the outsized role social media plays in politics.
Amazon founder Jeffrey Bezos took to the stage at the U.N.'s COP26 Climate Summit to unveil a new plan to combat climate change, but some say it might do more harm than good. Justine Calma, Science Reporter at The Verge, joined Cheddar to discuss.
Rep. Ritchie Torres of New York talks about the importance of the historical Build Back Better Act and how these bills could help millions of Americans across the country.