by ZeroHedge News Staff at ZeroHedge
Update (1920T): Newly ousted former House Speaker Kevin McCarthy (R-CA) will not seek reelection to the post when the chamber convenes to select a new candidate.
According to Just the News, “McCarthy was removing his name from consideration when the House convenes to select a new speaker.”
Following McCarthy’s ouster, Rep. Matt Gaetz (R-FL) called the former Speaker a “feature of the swamp.”
“Kevin McCarthy couldn’t keep his word. He made an agreement in January regarding the way Washington would work, and he violated that agreement. We are $33 trillion in debt. We are facing $2.2 trillion annual deficits,” said McCarthy, adding “We face a de-dollarization globally that will crush Americans working class Americans. Kevin McCarthy is a feature of the swamp. He has risen to power by collecting special interest money and redistributing that money in exchange for favors.”…
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