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House GOP Leader Kevin McCarthy has a fresh spring in his step after the Republicans defied the odds and professional political prognosticators by picking up 15 seats in the 2020 congressional elections. McCarthy, who has his eyes on the majority in November 2022, approached the 2020 congressional elections differently than Republicans in recent history have traditionally targeted congressional electoral efforts, and his moves paid off—and not only infuriated but befuddled the beltway pundit class. For the first time since 1994, in 2020 no GOP incumbent running for reelection lost. Meanwhile, McCarthy blew away fundraising records previously set by former House Speaker Paul Ryan—astonishing since he did it from the minority. Usually, House political leaders do better raising money from the majority. That’s not to mention the most significant development which is a freshman class entering Congress in 2021 that represents perhaps the most diverse in party history with the most … [Read more...] about Exclusive: After 2020 Gains, Kevin McCarthy Eyes House GOP Majority, Speaker’s Gavel in Midterms

Presented by Facebook To view past editions of The Hill's 12:30 Report, click here: http://bit.ly/1M1mIfw To receive The Hill's 12:30 Report in your inbox, please sign up here: http://bit.ly/1Tt4hqN --> A midday take on what's happening in politics and how to have a sense of humor about it.* *Ha. Haha. Hahah. Sniff. Haha. Sniff. Ha--breaks down crying hysterically. The Hill’s 12:30 Report: Lawmakers investigate Jan. 6 security failures | Former Capitol Police chief blames lack of shared intelligence | Haaland’s contentious confirmation hearing | GOP, Dems meet with Senate parliamentarian | Make their cases for $15 minimum wage debate | House vote on COVID relief potentially Friday | Trump in legal jeopardy after financial disclosure ruling | Pending investigations affected | Biden meets with Trudeau | NASA releases new Jupiter photo HAPPENING TODAY Care to explain what happened…?: Two Senate committees are holding a joint hearing to … [Read more...] about The Hill’s 12:30 Report – Presented by Facebook – Lawmakers investigate Jan. 6 security failures

The House will vote on President Biden Joe Biden Hoyer: House will vote on COVID-19 relief bill Friday Pence huddles with senior members of Republican Study Committee Powell pushes back on GOP inflation fears MORE ’s $1.9 trillion COVID-19 relief package on Friday, Majority Leader Steny Hoyer Steny Hamilton Hoyer Hoyer: House will vote on COVID-19 relief bill Friday On The Money: Biden faces backlash from left on student loans | Where things stand on the COVID-19 relief measure | Retail sales rebound The Hill's 12:30 Report: Biden navigates pressures from Dems MORE (D-Md.) said on Tuesday night. “The House will vote on Friday on @POTUS’ #AmericanRescuePlan to end this pandemic and deliver urgently needed relief to America’s families and small businesses. The American people strongly support this bill, and we are moving swiftly to see it enacted into law,” Hoyer tweeted. The House will vote on Friday on @POTUS ’ … [Read more...] about Hoyer: House will vote on COVID-19 relief bill Friday

A group of technology and financial industry executives will face a bipartisan firestorm Thursday during the first congressional hearing on the GameStop stock controversy. The leaders of major companies at the center of last month’s wild stock market volatility will find few allies on the House Financial Services Committee as members in both parties plan to hold their feet to fire. Executives from Robinhood, hedge fund Citadel, Melvin Capital and Reddit will seek to defend the heavily scrutinized ways they dealt with a surge in purchases of shares of GameStop and other struggling companies organized by an online community of traders. ADVERTISEMENT The GameStop frenzy raised serious questions about stock market regulation, the rise of retail trading websites and Wall Street transparency. The hearing may also lay the groundwork for further congressional investigations or attempts to impose tougher rules on hedge funds and trading platforms. But financial policy experts say … [Read more...] about House gears up for first GameStop stock hearing

Former Trump administration officials are testing the waters for political office, underscoring the former president’s lasting influence on the Republican Party as it searches for a post-Trump identity. Cliff Sims, the former deputy at the Office of the Director of National Intelligence (ODNI) who is close with several Trump family members, is seriously considering getting into the race to replace retiring Sen. Richard Shelby Richard Craig Shelby Powell pushes back on GOP inflation fears Former Trump officials eye bids for political office The Hill's Morning Report - Presented by The AIDS Institute - COVID-19 rescue bill a unity test for Dems MORE (R-Ala.). Trump’s former ambassador to Slovenia, Lynda Blanchard, a top Trump donor, has already entered that primary as a “proud member of the MAGA movement.” In Pennsylvania, where Sen. Pat Toomey Patrick (Pat) Joseph Toomey Philly GOP commissioner on censures: 'I would suggest they censure Republican … [Read more...] about Former Trump officials eye bids for political office