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Zero Hedge — Here Are The Concessions McCarthy Had To Make For Speakership

Summary:
As has been reported, it will only take a single congressperson, acting in what is known as a Jeffersonian Motion, to move to remove the Speaker if he or she goes back on their word or policy agenda.A “Church” style committee will be convened to look into the weaponization of the FBI and other government organizations (presumably the CIA, the subject of the original Church Committee) against the American people.Term limits will be put up for a vote.Bills presented to Congress will be single subject, not omnibus with all the attendant earmarks, and there will be a 72-hour minimum period to read them.The Texas Border Plan will be put before Congress. From The Hill: “The four-pronged plan aims to ‘Complete Physical Border Infrastructure,’ ‘Fix Border Enforcement Policies,’ ‘Enforce our Laws

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  1. As has been reported, it will only take a single congressperson, acting in what is known as a Jeffersonian Motion, to move to remove the Speaker if he or she goes back on their word or policy agenda.
  2. A “Church” style committee will be convened to look into the weaponization of the FBI and other government organizations (presumably the CIA, the subject of the original Church Committee) against the American people.
  3. Term limits will be put up for a vote.
  4. Bills presented to Congress will be single subject, not omnibus with all the attendant earmarks, and there will be a 72-hour minimum period to read them.
  5. The Texas Border Plan will be put before Congress. From The Hill: “The four-pronged plan aims to ‘Complete Physical Border Infrastructure,’ ‘Fix Border Enforcement Policies,’ ‘Enforce our Laws in the Interior’ and ‘Target Cartels & Criminal Organizations.'”
  6. COVID mandates will be ended as will all funding for them, including so-called “emergency funding.”
  7. Budget bills would stop the endless increases in the debt ceiling and hold the Senate accountable for the same
Zero Hedge
Here Are The Concessions McCarthy Had To Make For Speakership
Tyler Durden
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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