Stocks fell sharply Tuesday afternoon, as US Treasury yields surged to their highest levels in over a decade, worrying investors that higher borrowing rates could further stall the housing market.
(CNN) — The US House of Representatives is bracing for a key vote Tuesday over Speaker Kevin McCarthy’s political future as GOP Rep. Matt Gaetz of Florida pushes for his
America just experienced the inevitable outcome of what midterm election voters delivered: an inoperable Republican House majority rocked by burn-it-down hardliners, a weak speaker and chaos that makes strong governance impossible.
GOP Rep. Matt Gaetz of Florida did not move forward on Monday with his effort to oust Kevin McCarthy from his speakership, saying the California Republican owes him answers and depending on his response there “may be other votes coming – today or this week.”