CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Fmr Speaker McCarthy-'Can't Do Anything On Israel w/o Electing Speaker'

US

Former House Speaker Kevin McCarthy (R-CA) is speaking to reporters in D.C., ostensibly regarding the Hamas attacks on Israel but also on the upcoming contest to succeed him in the House of Representatives. Claims that "We cannot do anything without electing a Speaker", referring to the limited powers possessed by Speaker Pro Tempore Patrick McHenry (R-NC). Claims that without an elected speaker the House cannot consider legislation in the normal fashion, which would include a resolution to support Israel.

  • McCarthy: “It’s not just the replenishment of the Iron Dome, we want to make sure we destroy Hamas, we kill Hamas.”
  • Asked about whether he will endorse GOP frontrunners majority leader Steve Scalise (R-LA) or Rep. Jim Jordan (R-OH) states that "I'll let the conference see who unites them." Similarly, asked if he would be open to being reinstated says it is for GOP reps to decide.
  • Jake Sherman at Punchbowl: "McCarthy inches closer to saying he wants to be speaker. He says 96% of the conference supports him. And the rest of the conference is being held back by a handful of those opposing him."
Homepagemarkets-real-timePolitical Market NewsPolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets
Homepagemarkets-real-timePolitical Market NewsPolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.