By Lisa Mascaro and Kevin Freking
Republicans on Wednesday nominated Rep. Steve Scalise to be the next House speaker and will now try to unite around the conservative in a floor vote to elect him after ousting Rep. Kevin McCarthy from the post.
In private balloting at the Capitol, House Republicans pushed aside Rep. Jim Jordan, the Judiciary Committee chairman, in favor of Scalise, the current majority leader, lawmakers said. The Louisiana lawmaker is seen as a hero to some after surviving a mass shooting on lawmakers at a congressional baseball game practice few years ago.
Republicans who have been stalemated after McCarthy’s removal will seek to assemble their narrow House majority around Scalise in what is certain to be a close vote of the full House. Democrats are set to oppose the Republican nominee.
Associated Press writers Farnoush Amiri and Stephen Groves contributed to this report.
The White House budget office says mass firings of federal workers have started in an attempt to exert more pressure on Democratic lawmakers as the government shutdown continues.
President Donald Trump says “there seems to be no reason” to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths needed for American industry. The Republican president suggested Friday he was looking at a “massive increase” of import taxes on Chinese products in response to Xi’s moves. Trump says one of the policies the U.S. is calculating is "a massive increase of Tariffs on Chinese products coming into the United States." A monthslong calm on Wall Street was shattered, with U.S. stocks falling on the news. The Chinese Embassy in Washington hasn't responded to an Associated Press request for comment.
Most members of the Federal Reserve’s interest-rate setting committee supported further reductions to its key interest rate this year, minutes from last month’s meeting showed.
From Wall Street trading floors to the Federal Reserve to economists sipping coffee in their home offices, the first Friday morning of the month typically brings a quiet hush around 8:30 a.m. eastern, as everyone awaits the Labor Department’s monthly jobs report.
The Supreme Court is allowing Lisa Cook to remain as a Federal Reserve governor for now.
Rep. John Moolenaar has requested an urgent briefing from the White House after Trump supported a deal giving Americans a majority stake in TikTok.
