The GOP Speaker Drama Continues: Tom Emmer’s Shocking Exit

Majority Whip Tom Emmer (R-Min.) has become the third GOP speaker-designate in a row to withdraw from the race, facing strong resistance from a small faction within his party. Without a speaker, the House has been largely paralyzed for three weeks. At 62, Mr. Emmer secured a win in the intra-conference nominating contest with a vote of 117-97 on Oct. 24. However, a subsequent confirming vote exposed that approximately 25 Republicans were not in support …

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Jim Jordan and Steve Scalise Announce Their Intention to Run for House Speaker

On October 3rd, Rep. Kevin McCarthy (R-Calif.) was removed from his position as the Speaker of the House. This major development has created an opportunity for new leadership, and two prominent House Republicans have already expressed their desire to step in and take up the mantle. Rep. Jim Jordan (R-Ohio), who chairs the influential House Judiciary Committee, and House Majority Leader Steve Scalise (R-La.) are the first to announce their candidacies for the Speaker’s role …

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Biden Celebrates as the Dow Slips and Inflation Rises

On Tuesday, while August inflation remained uncomfortably high, President Biden stated that he was “celebrating” the passage of the Inflation Reduction Act, drawing criticism from politicians and conservatives. Biden attended a ceremony at the White House to celebrate the passing of the Inflation Reduction Act, and he was joined by congressional allies and legendary singer/songwriter James Taylor. The Inflation Reduction Act is Biden and congressional Democrats’ most ambitious effort to date to rein in rising prices before the November elections.