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BLOOMBERG Bloomberg Bottom Line June 12, 2014

Julie hyman joins me for a roundtable discussion on u. S. Retail sales. It we begin with peter cook on capitol hill. The scramble for the leadership of the republican led house of representatives. Good afternoon. Kevin mccarthy is looking to move up in leadership. That is right. Its down to two people in terms of replacing eric cantor. It did not take long for the conversation to shift to eric cantors loss in virginia to who would replace him as the number two. Kevin mccarthy, the republican from california. Pete going against sessions. He is not part of the leadership right now. He is making the case that a red state republican from the state of texas needs to have a seat at the leadership table. That is his argument. It is pretty clearly mccarthy who has the early advantage in this race. Anarthy is wellliked and is affable guy. Popular among the group. He is not from one of those red states. He is from california. He is popular with the
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