Day One Drama Ahead For The New Congress?

The Fox News Rundown

FOX News Podcasts

Daily News, News, Politics

3.4 • 1.7K Ratings

🗓️ 3 January 2023

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Republicans are set to take control of the House in the 118th Congress, yet the matter of choosing a new speaker of the House remains a point of debate within the GOP. California Republican Rep. Kevin McCarthy served as the minority leader for his party; however, now he is struggling to secure the votes necessary to become speaker as some members of his own party oppose him or request concessions in exchange for their support. Fox News Audio Political Anchor and National Correspondent Jared Halpern joins the podcast to break down what is motivating GOP House members to withhold their votes from McCarthy, why a speaker of the House is essential to a functioning Congress, and the first piece of legislation to be voted on by the new Congress. It's the first business day of 2023 and the markets are back open. 2022 marked a dismal year for Wall Street, with stocks having their worst year since the 2008 financial crisis. Founder of Capitalist Pig Hedge Fund and FOX News Contributor Jonathan Hoenig joins the Rundown to discuss whether or not the markets will bounce back in the new year, why certain sectors suffered, and where he advises Americans to invest their money. Plus, commentary by Father Robert Sirico, co-founder of the Acton Institute. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Royal London, the UK's largest mutual, life, pensions and investment company.
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0:26.0	Learn more at RoyalLondon.com slash mutuality.
0:30.0	I'm Janice Dean.
0:31.0	I'm David Asman.
0:32.0	I'm Dana Perino, and this is the Fox News rundown.
0:38.0	Tuesday, January 3rd, 2023.
0:40.0	I'm Chris Foster.
0:41.0	The new Congress starts today with Republicans taking over as majority in the House
0:45.0	and Republican leader Kevin McCarthy running opposed for House Speaker.
0:49.0	Now, maybe Kevin McCarthy is able to rally the troops.
0:52.0	They get to 218 and this doesn't have the drama we expect to be,
0:55.0	but certainly looks like that for the first time in 100 years,
0:58.0	a Speaker of the House vote is going to go to multiple ballots.
1:01.0	I'm Dave Anthony.
1:03.0	The opening bell will ring in a new year on Wall Street.
1:08.0	It was ugly. I mean, I'm really hoping and expecting,
1:12.0	2023 should be a little bit better than 2022,
	...

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