In Historic Vote Kevin McCarthy Ousted as House Speaker

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 3 October 2023

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for Oct. 3. The U.S. House of Representatives has ousted Kevin McCarthy from his post as speaker. It is the first time in history that has happened. National political reporter Eliza Collins has more. And Sam Bankman-Fried, the founder of collapsed crypto exchange FTX, appears in court for the start of his financial-fraud trial. Cryptocurrency reporter Caitlin Ostroff reports. Listen to The Journal’s new series, The Trial of Crypto’s Golden Boy, for more. Plus, aviation reporter Ben Katz explains how criminal gangs are exploiting security gaps at airports. Annmarie Fertoli hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Techno's briefing is supported by FTI Consulting, from the world's largest cyber breaches to
0:05.1	global fraud investigations. FTI Consulting is the number one expert-based firm, organizations
0:10.7	turn to and there are moments of truth. Learn more at FTIconsulting.com.
0:21.0	In an historic vote, Kevin McCarthy is ousted from his post as Speaker of the House.
0:25.9	It's the first time in U.S. history that's happened. And FTX Founder Sam Bankman Freed
0:31.8	appears in court as his financial fraud trial begins.
0:35.2	Probably the most notable thing is that when Bankman Freed entered the courtroom,
0:38.9	he very clearly got a major haircut and so it's a bit of a different image of
0:44.7	Bankman Freed than we've seen previously. But otherwise he's been cooperating with the judges
0:49.5	instructions, standing one towards you and sitting one towards you.
0:53.5	Plus, how criminal gangs are exploiting security gaps at airports.
0:57.9	It's Tuesday, October 3rd. I'm Anne Marie for Tolly for the Wall Street Journal.
1:02.0	This is the PM edition of What's News, the top headlines and business stories that moved the world
1:07.0	today.
1:14.4	In an unprecedented move for the chamber, the House of Representatives has voted to
1:18.4	ousted Kevin McCarthy from his post as Speaker.
1:21.1	On this vote, the Yays are 216. The Nays are 210. The resolution is adopted.
1:31.4	Without objection, the motion to reconsider is laid on the table.
1:35.3	The office of Speaker of the House, of the United States House of Representatives,
1:41.1	is hereby declared vacant.
1:43.6	It was the culmination of a long-running feud between House GOP leadership and
1:48.7	hard-line members of the party. Joining me now with more is Wall Street Journal, National
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