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Free AccessMcCarthy May Seek To Adjourn House As He Struggles For Votes
Republican Leader Kevin McCarthy (R-CA) is reportedly considering pushing to adjourn the US House of Representatives until Thursday as he struggles to find the votes needed to be elected speaker.
- Chad Pegram at Fox News: "McCarthy allies may move to adjourn when the House meets at noon. This will require a vote by a simple majority."
- The anti-McCarthy block is unlikely to vote in favour of adjourning. Lawmakers opposed to McCarthy have expressed a desire to continue voting until McCarthy withdraws his nomination and will be emboldened by gaining an additional "no" in the third round of voting yesterday.
- Former President Donald Trump issued a statement on social media this morning urging rebels to drop their opposition, leading bookmakers to slightly upgrade McCarthy's chances. Smarkets reports his implied probability of winning increased from ~30% this morning to ~50% shortly after Trump's statement.
- Tara Palmeri at Puck: "I’m told from sources close to [Trump] that he’s been burning up the phone for McCarthy, but his pleas don’t seem to be making any impact. Even Trump loyalist Matt Gaetz [R-FL] hasn’t been moved."
To read the full story
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Please enter your details below.
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.