Connect with us

Hi, what are you looking for?

Latest News

Senate GOP reelects McConnell as leader

Mitch McConnell was reelected to head the Senate Republican conference on Wednesday, defeating challenger Rick Scott, a fellow member of leadership who chairs the chamber’s GOP campaign arm.

Scott (R-Fla.) launched the long-shot bid on Tuesday, determined to challenge the “status quo” under McConnell after the GOP failed to take control of the Senate. McConnell is now on track to be the longest serving party leader in the chamber’s history.

McConnell prevailed over Scott in a 37-10 vote.

Some Senate Republicans had pushed for delaying the leadership elections, but that vote failed, 16-32, on Wednesday morning, paving the way for McConnell’s reelection. Still, it hasn’t been a pretty week: Senate Republicans spent three hours Tuesday venting about their whiffed midterm cycle, the lack of an agenda, Scott’s perceived mismanagement of the National Republican Senatorial Committee and McConnell’s stewardship of the caucus.

And Wednesday wasn’t much better. As senators called for an audit of the NRSC, Scott attacked the leadership of former campaign arm Chair Todd Young (R-Ind.) for giving “unauthorized and improper bonuses” to staff two years ago.

Republicans hope the quick closure of the leadership races will put the squabbling behind them ahead of the Georgia runoff, which will determine if the Senate remains evenly split next term or if Democrats will gain a seat.

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Economy

    Inflation appears to be on the decline. The Personal Consumption Expenditures Price Index (PCEPI), which is the Federal Reserve’s preferred measure of inflation, grew...

    Stock

    Solana (SOL/USD) is enormously underrated as a cryptocurrency project, even with its hiccups – including the latest exploit on one of the ecosystem apps....

    Editor's Pick

    The new eSIM infrastructure will help modernise the IoT connectivity market with fast, secure connections and reduced vendor lock-in. 1oT, a tech startup from...

    Economy

    The latest Job Openings and Labor Turnover Survey from the Bureau of Labor Statistics shows the total number of job openings in the economy...

    Disclaimer: Dealwithbiz.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2023 Dealwithbiz.com