Republicans in the House of Representatives fear that the oust of former speaker Kevin McCarthy could potentially damage their 2024 re-election campaign, as they are to prepare without party’s prolific fundraiser at the helm.
McCarthy was considered a critical rainmaker for Republicans, raising hundreds of millions of dollars for candidates around the country while keeping tight control over the House GOP’s messaging, recruitment, and strategy to secure funds.
In the 2022 election cycle, two McCarthy aligned groups – the National Republican Congressional Committee and Congressional Leadership Fund – managed to raise a combined $550 million on behalf of House of Republicans candidates, which is far more than previous GOP leaders.
“I think it will go down as the single stupidest decision ever made in politics,” Mike Lawler, a Republican Representative.
On last Tuesday, the members of the lower chamber voted 216-210 to unseat McCarthy, making it the first time in the history a House Speaker being oust from his position. 8 Republicans voted with 208 Democrats to secure their leader’s defeat.
In the coming week, the Republicans will be electing a new speaker of the House. Up till now, Steve Scalise and Jim Jordan have submitted their candidacies. The latter has unwavering support of former president Donald Trump.