The Fox News Rundown

From Washington: The Historic Battle For Speaker Of The House

01.08.2023 - By FOX News RadioPlay

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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.

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