House Speaker Kevin McCarthy on Wall Street to deliver speech to New York Stock Exchange

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House Speaker Kevin McCarthy on Wall Street to deliver speech to New York Stock Exchange
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House Speaker Kevin McCarthy will address the state of the economy and is expected to outline how Republicans plan to raise the debt ceiling for a year.

House Speaker Kevin McCarthy is on Wall Street to deliver a speech to the New York Stock Exchange.House Speaker Kevin McCarthy will be on Wall Street Monday delivering a speech to the New York Stock Exchange.

As such, McCarthy has been unable to steer House Republicans to start delivering on broader pursuits - the GOP promises for border security or budget cuts to prevent a debt ceiling crisis, for starters. How he handles them will be the defining challenge that makes or breaks his next 100 days. But McCarthy is remaking the speaker's office in his image, including reclaiming a private room just steps from the House floor for meetings. The silver-haired father shuns many of the formal trappings of Congress - he may never return to the televised briefing room at the Capitol for formal news conferences - as he begins to tap into the enormous powers at his disposal.

Hard-right critics who withheld their support of McCarthy during the excruciating 15 ballots it took to become speaker until he agreed to their demands seem relatively satisfied at the outcome. But the struggle to become speaker is never far behind, thanks to a Trump-aligned power center in Congress that propped McCarthy up and could just as easily tear him back down.

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Speaker McCarthy: 100 days in power and a tough road aheadSpeaker McCarthy: 100 days in power and a tough road aheadWhen Rep. Kevin McCarthy emerged from a messy 15-ballot election and ascended to House speaker, he was emboldened rather than chastened by the fight, declaring that his father taught him early on in life: 'It's not how you start; it's how you finish.'
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Speaker McCarthy: 100 days in power and a tough road aheadSpeaker McCarthy: 100 days in power and a tough road aheadWhen Rep. Kevin McCarthy emerged from the messy 15-ballot election in January to become House speaker, he said he was emboldened by the fight. But as the embattled Republican leader from California rounds the first 100 days at the helm of a slim House Republican majority, there are challenges ahead. And it's proving hard to shake off the spectacle of the unsteady launch. So far, McCarthy has logged surprise successes in the new Congress, such as passing bills on crime and COVID-19 that President Joe Biden signed into law. On Monday, McCarthy will speak at the New York Stock Exchange. It's one more sign of his rising influence. But he has an uneasy grip on the speaker's gavel.
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Speaker McCarthy: 100 days in power and a tough road aheadSpeaker McCarthy: 100 days in power and a tough road aheadWhen Rep. Kevin McCarthy emerged from a messy 15-ballot election and ascended to House speaker, he was emboldened rather than chastened by the fight, declaring that his father taught him early on in life: “It’s not how you start; it’s how you finish.”
続きを読む »

Speaker McCarthy: 100 days in power and a tough road aheadSpeaker McCarthy: 100 days in power and a tough road aheadWhen Rep. Kevin McCarthy emerged from the messy 15-ballot election in January to become House speaker, he said he was emboldened by the fight.
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