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Free AccessJordan Abandons Third Speaker Ballot, Backs McHenry As Interim Speaker
Reports from Congress indicate that Republicans are increasingly supportive of a move to elevate Speaker Pro Tempore Patrick McHenry (R-NC) as interim speaker with increased power to move legislation. Installing McHenry would significantly lower the risk of a government shutdown on November 17.
- Wires reporting that Rep Jim Jordan (R-OH) has called off a third ballot on his candidacy today and has thrown his support behind empowering McHenry.
- Rep David Joyce (R-OH) is expected to propose his bill to empower McHenry at a Republican conference meeting which got underway a short time ago.
- Grace Segers at New Republic reports: "Rep. Brian Fitzpatrick to me this morning: "We all know where this always was going to land, with Speaker Pro Tem McHenry being empowered on a short term basis." He guessed this would happen in "the next 48 hours.""
- Jordan's backing may help ease the passage of the resolution with conservatives who yesterday criticised the proposition as unconstitutional.
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.