Republican Kevin McCarthy was elected speaker of the House of Representatives after making extensive concessions to a group of right-wing hardliners
WASHINGTON, Jan 7 - Republican Kevin McCarthy was elected speaker of the U.S. House of Representatives early on Saturday, after making extensive concessions to a group of right-wing hardliners that raised questions about the party's ability to govern.
As he took the gavel for the first time, McCarthy represented the end of President Joe Biden's Democrats' hold on both chambers of Congress. Those concessions, including sharp spending cuts and other curbs on McCarthy's leadership, could point to further turbulence in the months ahead, especially when Congress will need to sign off on a further increase of the United States' $31.4 trillion borrowing authority.
"You have changes in how we're going to spend and allocate money that are going to be historic," said Representative Scott Perry, the chairman of the hard-right House Freedom Caucus. In a sharp contrast to this week's battles among House Republicans, Biden and McConnell appeared together in Kentucky on Wednesday to highlight investments in infrastructure.
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