Possible scenario
Compromise Candidate Emerges
+0.1%
Neither Scalise nor Jordan can reach a majority of the conference, opening the door for a third candidate such as Tom Emmer, Elise Stefanik, or another leadership figure. This echoes the 2023 speaker turmoil, though the stakes are lower because the GOP is in the minority.
What it moves
- Market volatility
- Riskier companies' borrowing costs
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