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Free AccessJohnson Lays Out Legislative Agenda Ahead Of Speaker Vote
Republican nominee for Speaker of the House of Representatives, Mike Johnson (R-LA), has issued a 'letter to colleagues' outlining his legislative agenda for the remaining period of the 118th Congress, should he win the gavel today.
- The letter can be read here: Letter
- Johnson notes that he will pursue a stopgap measure (Continuing Resolution) to avoid a government shutdown on November 17 if the House cannot pass their 12 appropriations bills. This will be Johnson's first significant test of his speakership as a CR will certainly be required. Remember: Moving a CR with Democrat support was the ostensible reason for conservatives to vacate the chair and oust former speaker Kevin McCarthy (R-CA).
- Johnson says he will pursue a CR through January 15 or April 15 based upon conference consensus, and to avoid the Senate "jamming the House" with a last-minute Omnibus package.
- Notably, Johnson suggests that the House will not be recessed in August '24 unless all appropriations work is complete.
- Johnson writes: "This is an ambitious schedule, but if our Speaker can work across the Conference to unify our membership and build consensus, we can achieve our necessary objectives."
- Voting on Johnson's nomination is set to get underway in around 45 mins. See previous bullet for details on the voting process: Speaker Vote
To read the full story
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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.