Reuters - Video

EDITION: U.S. | U.K. | IN

Politics

Republicans select McCarthy to replace Cantor

Thursday, June 19, 2014 - 01:04

June 19 - House Republicans chose representative Kevin McCarthy of California to replace Eric Cantor as majority leader, despite a push from Tea Party conservatives to elect one of their own to the party's leadership. Rough Cut (no reporter narration)

▲ Hide Transcript

View Transcript

ROUGH CUT (NO REPORTER NARRATION) U.S. House of Representatives Republicans on Thursday (June 19) chose an ally of Speaker John Boehner for the No. 2 job in the chamber, a setback for some conservatives hoping to use a leadership election to boost their influence. Representative Kevin McCarthy of California, already the third-ranking House Republican, was chosen to replace Eric Cantor as majority leader. He will control the House floor and help decide the party's legislative priorities. Tea Party Republicans had pushed for one of their own to join the leadership after a little-known professor defeated Cantor in his Virginia primary by accusing the majority leader of not pursuing a conservative enough agenda. Cantor will leave his position at the end of July. The race brought fresh turmoil to the caucus, as Tea Party favorites argued that Boehner and other, business-friendly leaders gave in too easily to Democrats on spending disputes. McCarthy is seen as having similar political views to Cantor, if a more laid-back leadership style. On Thursday, he emphasized economic issues and the Republican push to repeal President Barack Obama's signature healthcare law. "America is struggling. It's struggling with a stagnant economy, a failed healthcare law," McCarthy said. McCarthy fended off a challenge in the secret-ballot election from Idaho Representative Raul Labrador, a Tea Party favorite who told Republicans on Wednesday he was running because the caucus lacked a "clear, bold vision." The race could embolden Tea Party Republicans to push their own candidates after the November midterm elections, when the party will again select its leaders, including the House speaker. Boehner has said he plans to run again.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Republicans select McCarthy to replace Cantor

Thursday, June 19, 2014 - 01:04

Top News »

Investing 201 »

Arian Foster = BlackBerry? Arian Foster = BlackBerry?

Fri, Oct 25, 2013 - (3:16)

Don’t miss these red flags for IPOs Don’t miss these red flags for IPOs

Thu, Oct 10, 2013 - (2:34)

Copycat currency trading Copycat currency trading

Wed, Oct 02, 2013 - (2:28)

When to dump a winner When to dump a winner

Tue, Sep 24, 2013 - (1:55)

Where gold might again attract Jim Rogers Where gold might again attract Jim Rogers

Thu, Sep 19, 2013 - (2:05)

Why savings interest rates won't budge Why savings interest rates won't budge

Fri, Sep 13, 2013 - (2:09)

Buy local? ETFs try the trend Buy local? ETFs try the trend

Thu, Sep 05, 2013 - (2:42)

The better bond funds The better bond funds

Wed, Aug 07, 2013 - (2:40)

Best bargain in 40 years? European stocks Best bargain in 40 years? European stocks

Thu, Aug 01, 2013 - (2:24)

Invest like an activist Invest like an activist

Fri, Jul 26, 2013 - (2:49)

Money Clip »

3 things to do before disaster strikes 3 things to do before disaster strikes

Wed, Sep 18, 2013 - (1:39)

Your must-do money list Your must-do money list

Wed, Sep 11, 2013 - (1:24)

The worst "best" financial advice The worst "best" financial advice

Wed, Sep 04, 2013 - (1:42)

Forget gold: The case for REITs Forget gold: The case for REITs

Fri, Apr 26, 2013 - (1:19)

3 rules for buying a house now 3 rules for buying a house now

Thu, Apr 18, 2013 - (1:39)

“Stalking” your dream home - Money Clip “Stalking” your dream home - Money Clip

Wed, Mar 27, 2013 - (2:50)

3 hidden tax deductions - Money Clip 3 hidden tax deductions - Money Clip

Thu, Mar 21, 2013 - (1:33)

Moving Pictures »

Still missing – MH370 Still missing – MH370

Fri, Sep 05, 2014 - (2:05)

Images of August Images of August

Fri, Aug 29, 2014 - (1:00)

Burning Together Burning Together

Mon, Sep 01, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, Aug 22, 2014 - (3:12)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, Aug 11, 2014 - (2:27)

Burned memories Burned memories

Fri, Aug 08, 2014 - (3:02)

Images of July Images of July

Thu, Jul 31, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, Jul 11, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Thu, Jul 03, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, Jun 20, 2014 - (3:04)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, Feb 19, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, Jan 10, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, Aug 29, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, Aug 29, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, Aug 05, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, Dec 17, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sat, Dec 08, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Sun, Dec 09, 2012 - (10:39)