Representative Patrick McHenry, a North Carolina Republican, wants Ronald Reagan to replace Ulysses S. Grant on the $50 bill. Almost 8 in 10 Americans oppose the idea, a new poll shows.
The head of a House oversight panel criticized the Treasury Department’s financial research arm while the division’s director defended its report on asset managers.
Representative Jeb Hensarling, a Texas Republican seen as a potential contender to replace Eric Cantor as U.S. House majority leader, says he won’t campaign for the post.
U.S. Representative Steve Scalise is positioning himself as a compromise candidate for the House’s No. 3 leadership post as the Republican Party struggles over its direction.
Republican Kevin McCarthy has a clear path toward succeeding Representative Eric Cantor as U.S. House majority leader after two top contenders withdrew their names from contention for the post.
House Republicans have embraced at least one proposal in President Barack Obama’s jobs package: changing the rules to make it easier for closely held companies to raise money without going public.