Saturday, October 10, 2015

Under Pressure, Ryan Weighs House Speaker Post

By Lisa Mascaro, Tribune Washington Bureau (TNS)

WASHINGTON — After repeatedly insisting that he had no interest in becoming speaker of the House, Republican Rep. Paul D. Ryan was seriously considering the job Friday.

He had little choice. The wonkish Wisconsin congressman and former vice presidential nominee is seen as the GOP’s best hope to calm the chaos in the GOP-controlled House after Majority Leader Kevin McCarthy, R-Calif., abruptly pulled out of the race to replace retiring Speaker John A. Boehner, R-Ohio, amid a conservative backlash.

As House Republicans met privately Friday in the Capitol basement to assess the fallout, the hard sell to recruit Ryan spilled into open pleadings that he run.…

Read More

Fed Still Plans Rate Hike This Year, But Not Committed

By Jonathan Spicer and Ann Saphir

NEW YORK/MILWAUKEE (Reuters) — Two influential Federal Reserve policymakers on Friday reinforced Fed Chair Janet Yellen’s message that an interest rate hike is coming by year’s end. =

Meanwhile one of the Fed’s most dovish policymakers appeared to soften his opposition to that timing, a subtle shift that could pave a smoother way to the Fed’s first rate hike in nearly a decade.

To be sure, New York Fed President William Dudley and Dennis Lockhart of the Atlanta Fed, speaking separately in New York, appeared doubtful they would be have enough information in hand to lift rates by an Oct.…

Read More

Leading Republican Ryan Reconsiders House Speaker Run: Lawmakers

By Susan Cornwell and David Lawder

WASHINGTON (Reuters) – A leading Republican congressman with allies on the right wing of the party, Paul Ryan, is weighing a bid to replace retiring U.S. House of Representatives Speaker John Boehner, fellow lawmakers said on Friday as they sought to defuse a leadership battle.

Numerous House Republicans and even 2012 presidential candidate Mitt Romney have asked Ryan to run for speaker after the front-runner, House Majority Leader Kevin McCarthy, abruptly dropped out on Thursday.

But with Congress embarking on a week-long recess, there was no sign of any move from Ryan, who was Romney’s vice presidential running mate, or of any other development that could bring order to the Republican Party’s disarray in the lower chamber of Congress.…

Read More

Menu Title