House Chaos Stalls Action on Urgent Matters

Rep. Jim Jordan (R-Ohio) lost a third vote on Friday in his bid to become House Speaker. With support in his party once again shrinking, the House GOP held a secret ballot that resulted in Jordan being dropped as the Republicans’ designated Speaker candidate.

There had been discussion about designating Speaker Pro tempore Patrick McHenry (R-North Carolina) as acting Speaker, but a group of Republicans opposed this proposal.

The plan is to go home for the weekend and start anew on Monday with a candidate’s forum.

In the meantime, this gridlock prevents the House from working on spending bills as the November 17 shutdown date approaches. It also keeps the House from acting on the urgent supplemental President Biden sent to the Hill today. The supplemental includes money for Ukraine, Israel, and Taiwan, and for strengthening security at the Southern border.

Disclosures (show)

Don't Miss Out
First Month Free

Trending tickers in our research
Ticker Price Chg%
$122.27
-1.63%
$486.58
+0.97%
$201.50
+0.15%
$227.95
-2.32%
$22.20
-1.60%
$32.75
-2.93%
$121.22
+0.55%
$41.68
+1.17%
$164.08
+4.05%
$316.78
+1.88%