Free Trial

Speaker McCarthy-"Don't Know" If Trump Is Strongest Candidate For 2024 Race

US

House Speaker Kevin McCarthy (R-CA) has been speaking to CNBC on a number of subjects. On the topic of Donald Trump running for the GOP nomination and potentially the presidency in 2024, McCarthy takes a risk in not offering his full-throated support for the clear frontrunner. When asked about Trump's run McCarthy states “Can he win that election [the GOP primaries]? Yeah he can…the question is, is he the strongest to win the election, I don’t know that answer,”

  • McCarthy finds himself in a precarious situation with such a narrow majority in the House and many hard-liners in the Republican caucus openly musing on his continuation as speaker. Given this group is frequently the most vocal in its support of the former president, raising questions about Trump's election willing ability could place a target on McCarthy's back with regards to partisan attacks from his own side.
  • Separately, on the Wagner mutiny in Russia McCarthy states that the incident shows that Russian President Vladimir Putin is "isolated” and “slow to make decisions.” McCarthy: “Prigozhin was very public for the last month or so criticizing Putin severely like nobody else has done...He threatened many different ways. The Putin of old, Prigozhin would have fallen out a window or something. This would have never sustained itself.”

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.