McCarthy Unfazed By Attempts By Hardline Republicans To Oust Him: 'I'll Survive'

The role of U.S. House Speaker Kevin McCarthy (R-Calif.) is in jeopardy, as a member of his own party calls for his ouster following his endorsement of a temporary government funding bill.

What Happened: As reported by Reuters, Republican heavyweight McCarthy voiced his confidence on Sunday that he would withstand a potential removal from his role. This comes in the wake of a call by Republican Representative Matt Gaetz for McCarthy to step down from his speaker position, subsequent to the passage of a temporary government funding bill that garnered more support from Democrats than Republicans.

Despite the looming threat, McCarthy stood his ground, stating on CBS, “I’ll survive. This is personal with Gaetz.”

Former President Donald Trump, who had advocated for a government shutdown if Republican budget demands were not met, expressed his dissatisfaction with the temporary government funding arrangement, stating Republicans “got very little” from it and needed to “get tougher.”

McCarthy’s potential expulsion could further complicate the ongoing negotiations to secure a deal to fund the government through September 30, 2024.

See Also: Melania Trump Renegotiates Prenup With Donald Trump For Third Time: ‘Agreement Was Necessary Because Of The Current Legal Battles’

Why It Matters: The stopgap bill, which was passed by Congress hours before the midnight deadline, averted a potential government shutdown by ensuring federal agency funding remained intact. McCarthy had backed the bill, despite knowing his support could place his position in jeopardy, sparking speculation about the level of support he would receive in a vote and whether any Democrats would back him.

A faction of far-right House Republicans has been rallying to remove McCarthy as House Speaker, endorsing Rep. Tom Emmer as his successor. This development comes amid ongoing attempts to secure a deal to fund the government through the end of fiscal year 2024.

Despite the opposition, McCarthy remains resolute, dismissing the threat to his position as a personal issue with Gaetz. The potential fallout from this internal conflict within the Republican party could have significant implications for ongoing budget negotiations and the stability of the government.

Photo by Featureflash Photo Agency on Shutterstock

Read Next: Peter Thiel, Mark Cuban and Warren Buffet funded early-stage startups and made millions. You don't need to be a well-connected billionaire to do the same. Click here to invest in promising startups today.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsPoliticsGeneralgovernment shutdownKevin McCarthyMatt GaetzshutdownTom Emmer
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...