Rep. Patrick McHenry, R-N.C., announced Tuesday that he will not seek re-election in 2024, shocking many of his colleagues. McHenry has served in Congress since 2005 and is the longest-serving Republican from North Carolina, recently gaining national attention when he became the first House Speaker pro tempore in history to be removed in a no-confidence vote. His retirement will further thin the ranks of Republican institutionalists in Congress, leaving many of his colleagues unsure of who will take his place and fill the role of chair of the House Financial Services Committee.
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House Speaker Kevin McCarthy, R-Calif., has raised doubts about whether former President Donald Trump is the best Republican candidate to defeat President Joe Biden in the upcoming election. He suggested that Trump could win in 2024, but noted that his legal troubles could complicate the situation. Other Republicans have also questioned Trump's electability, and McCarthy's comments suggest he may be open to other candidates for the GOP nomination in 2024.
The White House is taking action to avoid a catastrophic default on the nation's debt by targeting House Speaker Kevin McCarthy and other GOP House members in competitive districts. They are hoping to pass a bill that will benefit veterans and the economy, but it remains to be seen if the President's strategy will be successful. The proposed bill is a $2 trillion infrastructure plan funded by raising the corporate tax rate from 21% to 28%, while Republicans have proposed a $568 billion counteroffer.
The United States is facing a potential debt crisis, with the possibility of defaulting on its debt as early as June 1. In response, House Democrats have taken the first procedural steps to try to force a House vote on a clean debt ceiling increase. President Biden has invited the top four congressional leaders to the White House on May 9 to discuss potential solutions to avert the crisis.
Key takeaways: Ronna McDaniel was re-elected to a fourth term as chairwoman of the Republican National Committee McDaniel has been chairwoman since 2017 and has…







