From Washington: The Historic Battle For Speaker Of The House

The Fox News Rundown

FOX News Podcasts

News, Daily News, Politics

3.4 • 1.7K Ratings

🗓️ 8 January 2023

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

With the vote for Speaker of the House entering territory not seen since before the Civil War, many question how long it will take to elect a Speaker. FOX News Senior Congressional Correspondent, Chad Pergram joins to explain why there are Republicans in the House refusing to vote for Rep. Kevin McCarthy (R-CA), how the stalemate within the GOP will impact their ability to govern, and discusses the concessions that McCarthy might have to make in order to secure the votes needed to become the Speaker. The United States economy is currently at a crossroads. With a historically low unemployment rate of 3.5% and a solid job market, interest rates still remain at an aggressively high percentage, which as a result leads economists to presume the country is entering a recession. Senior Writer at the Wall Street Journal, Jon Hilsenrath explains which sectors of the financial systems are starting to crack, predicts how the incoming divided Congress will impact the stock market, and sums up the overall state of the economy in 2023. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello, I'm Ian Sulling, and I'm with one of McCain's farmers who grow their
0:04.0	potatoes. Hang on, these are odd-looking potatoes. That's kale Ian. You do know you
0:08.9	need potato to make chips, right? Yes, but we don't just grow potatoes. We
0:13.5	actually rotate different crops to help keep the soil healthy. So we eat
0:16.6	McCain chips. I'm helping do some good. Exactly, yeah. You're supporting the move
0:21.1	to regenerative farming. By the way, I do know the difference between kale and
0:25.2	potatoes. Of course you do. McCain, let's all
0:29.2	check in.
0:34.4	Sunday, January 8, 2023, I'm Jared Halpern, a speaker's vote not seen in the house
0:41.8	since before the Civil War. Just to go through a fight like this, this is the
0:46.6	longest speaker battle since 1859. I'm Ryan Schmelz. The economy weighs on the
0:53.6	minds of many Americans heading into 2023. What's in store? Could a recession
0:58.6	be looming? Or will job growth continue and inflation cool down? The Federal
1:03.4	Reserve has spent all of 2022 raising interest rates very aggressively. This is the
1:10.8	Fox News rundown from Washington.
1:23.7	It's not how you start. It's how you finish. That is what Kevin McCarthy has
1:28.1	been saying much of the week is he was peppered with questions after falling
1:32.2	short vote after vote after vote after vote. In fact, it took McCarthy more
1:38.0	ballots than any of his speaker of the House predecessors since William
1:42.0	Pennington in 1859. But after 15 ballots, including a late night vote
1:49.3	Friday in which he fell a single vote short, McCarthy finally prevailed
1:54.2	overcoming what looked to be a fatal number of conservative holdouts
	...

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