Johnson seeks Trump's backing as Speaker vote looms

Mon, Dec 30, 2024, 9:04 AM

The House of Representatives is scheduled to vote for a new Speaker on January 3rd. Current Speaker Mike Johnson is seeking President-elect Donald Trump's endorsement, as the race remains tight. To maintain his speakership, Johnson cannot lose more than one Republican vote.

Yahoo Finance Senior Columnist Rick Newman analyzes the developing situation and Johnson's prospects for retaining his position.

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This post was written by Angel Smith