GOP Rep. Tom Emmer Emerges as Leading Contender for House Speaker Amid Chaotic GOP Leadership Fight
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GOP Rep. Tom Emmer of Minnesota currently has the best chance of becoming House speaker according to betting markets.
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Emmer is the No. 3 House Republican and is known as an advocate for the cryptocurrency industry.
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Jim Jordan and Kevin McCarthy's speaker bids have flopped. 9 Republicans have declared runs for speaker.
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Candidates will pitch to fellow GOP lawmakers Monday evening. The nominee will be selected in a secret ballot Tuesday morning.
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The vote comes 3 weeks after Kevin McCarthy's historic ouster. Stocks were higher Monday as traders monitor earnings and the Israel-Hamas war.