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Rep. Gaetz 'throwing down the gauntlet' against Speaker McCarthy: Semafor Founding Editor-at-Large

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Though Congress managed to momentarily circumnavigate a government shutdown, the pressure is on to come to an official consensus on federal spending by the new November 17 deadline. And Republican lawmakers are not happy with how House Speaker Kevin McCarthy (R-Ca.) handled this crisis. Semafor Founding Editor-at-Large Steve Clemons details how Rep. Matt Gaetz (R-Fl.) is leading the charge against McCarthy, motioning the House Speaker to vacate his position, and how House Democrats are reacting to this maneuver. "The parties in power have a hard time when they have thin margins," Clemons tells Yahoo Finance. "What you're seeing now are Matt Gaetz, Marjorie Taylor Greene, and the others that Speaker McCarthy has put on the Rules committee, given them enormous power... and they are now using that same kind of leverage, but sometimes... it's for their own personal issues and sometimes it's for genuine concerns about fiscal responsibility." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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