Govt. shutdown: Rep. Gaetz 'throwing down the gauntlet' against McCarthy

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Though Congress managed to momentarily circumnavigate a government shutdown, the pressure is on to come to an official consensus on federal spending by the new November 17 deadline. And Republican lawmakers are not happy with how House Speaker Kevin McCarthy (R-Ca.) handled this crisis. Semafor Founding Editor-at-Large Steve Clemons details how Rep. Matt Gaetz (R-Fl.) is leading the charge against McCarthy, motioning the House Speaker to vacate his position, and how House Democrats are reacting to this maneuver. 'The parties in power have a hard time when they have thin margins,' Clemons tells Yahoo Finance. 'What you're seeing now are Matt Gaetz, Marjorie Taylor Greene, and the others that Speaker McCarthy has put on the Rules committee, given them enormous power... and they are now using that same kind of leverage, but sometimes... it's for their own personal issues and sometimes it's for genuine concerns about fiscal responsibility.' For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Though Congress managed to momentarily circumnavigate a government shutdown, the pressure is on to come to an official consensus on federal spendingSemafor Founding Editor-at-Large Steve Clemons details how Rep. Matt Gaetz is leading the charge against McCarthy, motioning the House Speaker to vacate his position, and how House Democrats are reacting to this maneuver.

A Ukrainian soldier called up Russian tech support when his captured Russian tank wouldn't start: report Former California Gov. Arnold Schwarzenegger believes there's still a 'home' for him in the Republican Party, but says his state's GOP has 'done a horrible job'

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines