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Mike Johnson's reelection was 'pure power politics at play': Expert

Rep. Mike Johnson (R-La.) retains his position as Speaker of the House of Representatives after a tight vote amongst Republican lawmakers. Johnson went into Friday's vote still challenged by uncertainties despite support from President-elect Donald Trump. To talk more about Johnson's reelection as House Speaker, Stifel Chief Washington Policy Strategist Brian Gardner sits down with Josh Lipton and Josh Schafer on Market Domination, describing House Republicans as currently maintaining an "uneasy alliance" with moderates. "Republicans have the majority, that is clear numerically, then there's control — they're not the same... It's always been an issue in the Senate because of the filibuster requirement and the 60-vote requirement," Gardner explains. "But in the House... Republicans govern with a coalition of moderates, mainstreamers conservatives." To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Luke Carberry Mogan.