Ryan: Trump 'disappointed' by Speaker's decision to retire

"Just this past term so much has been accomplished by Speaker Ryan and President Trump". A policy wonk, he's not a skillful political operative.

Costello, Mast and most other Republicans stuck to their message in the hallways of Congress Wednesday morning, but speaking on background and away from cameras, many GOP lawmakers expressed concerns.

Rep. Mark Meadows, R-N.C., chairman of the House Freedom Caucus, predicted Wednesday that the race to replace Ryan as speaker will be settled before the midterm elections.

There were compelling political reasons for Ryan to bow out.

First, House Republicans will nearly certainly lose seats in the midterm elections; the only real question is how many. The last one in October raised $5 million and included several stops in several West Coast cities.

That's also true elsewhere, and Republicans fear losing their House majority.

House Majority Leader Kevin McCarthy, a Republican from California known to be tighter with Trump, is expected to seeking the speaker post.

"Trump as president has been a challenge for traditional Republicans like Ryan". Ryan was a protege of the late Jack Kemp, the quarterback-turned-legislator who was the prime advocate starting in the 1970s and 80s of an opportunity-based, inclusive and tolerant Republican conservatism.

The House speaker had made tax cuts a centerpiece of his legislative agenda, and Congress delivered on that late past year.

On immigration, trade and fiscal policy, Ryan was at odds with the Trump. But the reality of the situation is that most politicians run for office with just one objective - getting re-elected. So did Trump's former White House chief of staff Reince Priebus, who once lived in the district.

In Wisconsin, the most likely Republican candidate for Ryan's seat is state Assembly Speaker Robin Vos, multiple Republicans in the state said.

But Republican lobbyists told Bloomberg Law there's little sign conservatives can actually pass the kind of entitlement reform Ryan has long sought: Medicare premium support, often called "voucherizing" of Medicare.

"He will serve out his full term, run through the tape, and then retire in January".

Conservatives appear to want the speakership vote to be held after the elections, to give new members, not outgoing ones, a vote.

McCarthy has worked hard to make peace with right-wing factions and has become fairly close to Trump.

He was GOP presidential nominee Mitt Romney's running mate in 2012.

He later briefly thanked Trump in public for giving him the chance to move GOP ideas ahead.

Tickets start at $10,000 for a pair and that includes a picture with the vice president.

Albert R. Hunt is a Bloomberg View columnist.

On the Senate floor on Wednesday, minority leader Charles Schumer (D) of NY urged Ryan to use his "newfound political freedom ... to break free from these hard-right factions" in his caucus that contributed to gridlock and to reach across the aisle and work with Democrats.

(Copyright © 2015. All Rights Reserved.)
 
Recommended

PulteGroup, Inc. (NYSE:PHM) Ratings Summary on April 13, 2018
Chartist Inc decreased its stake in Pultegroup Inc (PHM) by 2.27% based on its latest 2017Q4 regulatory filing with the SEC. The construction company reported $0.85 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.85.

Trump unloads on Comey ahead of ex-FBI director's interview
"It must have been", Comey responds, adding, "I don't remember consciously thinking about that, but it must have been". In March 2017, Comey confirmed the FBI was investigating Russian interference in the 2016 election.

Saudi king attacks Trump over Israel embassy move
The Saudi King also presented the kingdom's initiative and willingness to deal with the challenges that the Arab national security is facing.

Paul Ryan: Comey a 'Man of Integrity'
Comey was also joined by NSA Director Mike Rogers, CIA Director John Brennan and Director of National Intelligence James Clapper. Trump has said he fired Comey because of his handling of the FBI's investigation into Clinton's email practices.

Bijapur will no longer be known as backward district: PM Modi
The PM said when Ambedkar contested Lok Sabha elections, the Congress put its full weight behind in defeating him. On January 5, Modi had asked officials to devote the coming three months in developing these backward districts.

Comcast Corporation (CMCSA) Analysts See $0.61 EPS as of April, 26
Moreover, Wetherby Asset Management has 0.41% invested in Verizon Communications Inc. (NYSE:GIS) for 5,000 shares. Piedmont Investment Advisors Lc holds 1.07% of its capital in Comcast Corporation (NASDAQ:CMCSA) for 1.33M shs.

Mo Salah breaks record of highest scoring African player in EPL history
He is not distracted or whatever about the Golden Boot; he wants to have it like he wants us to be successful. The boys are fine with it, all good.

Former First lady Barbara Bush 'in failing health'
The source said she is being cared for at her home in Houston and has decided she does not want to go back into the hospital. Do you have a message of support for Barbara Bush? Also, George Bush has given me the world.

Zillow Group (Z) PT Set at $63.00 by KeyCorp
Quincy Lee increased its stake in Zillow Group Inc (Z) by 307.11% based on its latest 2017Q4 regulatory filing with the SEC. The target price per share indicates a potential downside of -13.72 % from the last stock price of Zillow Group (ZG ).

Jammu and Kashmir Chief Minister Mufti appreciates people for dismissing 'communal forces'
Bollywood actress Priyanka Chopra raised her voice against the heinous crimes and appealed people to unite for change. After raping her, he wiped her tears and said he'd get her a job.

21st Century Fox (NASDAQ:FOX) Receiving Somewhat Favorable Media Coverage, Analysis Shows
It is negative, as 30 investors sold FOX shares while 150 reduced holdings. 177 funds opened positions while 601 raised stakes. Schneider Capital Management Corp increased Chesapeake Energy Corporation (CHK) stake by 80.81% reported in 2017Q4 SEC filing.

United Nations rejects Russian attempt to condemn Syria airstrikes
Here's who Russian Federation has blamed this week for the alleged chemical attack that killed dozens, including many children. The Russian leader warned against "ill-considered and unsafe actions ... that would have consequences beyond conjecture".

Softball splits double header with UMBC
Jayci Hinker and Rebecca Riley slugged back-to-back home runs in an eight-run third inning in the Mustangs' second game romp. The junior leads the team with 12 home runs, second only to Anna Grace Magee of Mandeville in all of the parish.

Malaga vs Real Madrid: Zidane to drop Ronaldo for LaLiga clash
Well I am talking in general. "Everybody can give their own opinions, whether it is a penalty or not", Zidane said. Real Madrid will head to Southern Spain to take on bottom Primera Division side Malaga at the Rosaleda.

Targa Resources Partners (NYSE:NGLS) Receives Daily Media Impact Rating of
Argus Research maintained BlackRock, Inc. (NASDAQ:MKTX) has "Buy" rating given on Tuesday, October 3 by Keefe Bruyette & Woods. It is negative, as 31 investors sold TRGP shares while 119 reduced holdings. 45 funds amassed stakes and 112 increased stakes.


More News

News
More News