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Top House Republican Kevin McCarthy on Friday continued his effort to become his chamber’s speaker, maintaining his push for the job after coming up short in 11 votes held over the last three days.
The California lawmaker was due to hold further discussions with his fellow House Republicans on Friday morning, with the House slated to reconvene around noon Eastern time.
McCarthy continues to face opposition from a group of GOP lawmakers, with 20 voting repeatedly for other candidates. To win the speakership, he can only absorb four defections given his party’s 222-212 majority in the House.
Ahead of what will be a 12th ballot in the speaker election on Friday, there were signs of a deal that could help McCarthy take the gavel. The current contest to pick a House leader has resulted in the highest number of votes since 1860, just before the Civil War, when 44 ballots were needed.
U.S. stocks
SPX,
DJIA,
advanced Friday as a monthly employment report showed that job creation had cooled and wage growth had slowed, fueling hopes that the Federal Reserve’s interest-rate hikes aimed at taming inflation are starting to have the desired effect.
Now read: What happens while there’s no House speaker? Salaries in limbo, taxpayers’ requests turned away
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