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. To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
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