McCarthy’s Bid for House Speaker Enters Fourth Day After 11 Votes
Published Date: 1/6/2023
Source: Bloomberg Quicktake: Now
Representative Kevin McCarthy predicted his drawn-out fight to become speaker of the House would end in victory soon, but not before dragging into a fourth humiliating day. McCarthy and his allies worked overnight to try to strike a deal with members of a group of holdouts who’ve blocked the California Republican from being elected speaker after a historic 11 rounds of voting. They have set a 10:15 a.m. Friday call with the Republican caucus to herd votes before reconvening at noon. The standoff has left House Republicans fractured after they reclaimed the House majority in the November election and has frozen all other business in the chamber. “We’re going to get it done,” McCarthy told reporters. “I don’t know if we will get there today, but we are going to make progress.” He said some of his supporters may not be in Washington on Friday due to family issues. McCarthy has tried to break the deadlock by offering significant concessions on House rules that would weaken his power and his ability to control hard-liners in his party, which raise the risk of chaos on issues like the debt ceiling and government spending. Yet after three days of voting, 20 Republicans held firm in their opposition to McCarthy, more than enough to deny him the majority he needs. McCarthy’s back-to-back losses marked a post-Civil War record for the number of ballots needed to select a speaker. In 1923, Frederick Gillett, a Massachusetts Republican, was elected to the post after nine ballots. The last multi-ballot speaker vote before that was in 1859, when 44 votes were needed. Only six other speaker elections have taken more than 10 ballots. Election of the speaker is the first order of business for House members, and they can do nothing else until that’s done except adjourn. House Gridlock Over Speaker Now Longest Since Before Civil War A faction of the dissidents most interested in changing House procedural rules met with leadership and others throughout Thursday. Representatives Chip Roy of Texas, Scott Perry of Pennsylvania and Byron Donalds of Florida are spearheading the attempt to force the changes needed to earn their votes. They are angling to open up floor procedures to amendment votes, forbidding giant packages of bills and to guarantee conservatives have more seats on key committees. The talks are being facilitated by Representative Patrick McHenry of North Carolina, the incoming Financial Services chair, as well as the No. 3 House Republican Tom Emmer of Minnesota and Jason Smith of Missouri, a contender for the Ways and Means gavel, and Jim Jordan of Ohio, who will be the Judiciary chair. Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Subscribe to our newest channel Quicktake Explained: https://bit.ly/3iERrup Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake