
House Speaker Mike Johnson Won’t Run for Minority Leader
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Plus: U.S. stocks surge after Democrats sweep both chambers of Congress, while data center companies lost at the ballot box and in markets. Alex Ossola hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for adve...
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night losses.
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B2 · Upper-intermediate
Comfortable if you already follow TV news
- 94% of the words are B1 or easier.
- 171 words a minute: natural, fairly fast speech.
- 18 harder words (B2 and up) in the whole episode.
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Here's your midday brief for Wednesday, November 4. I'm Alex Oceola for The Wall Street Journal. House Speaker Mike Johnson will not run for minority leader following Republicans' election night losses.
The journal has learned that Johnson announced his decision on an all-staff call this morning after speaking with President Trump. A person familiar with the matter says the current number two Republican in-house leadership, Steve Scalise, is launching his bid to become the top House Republican.
Ohio Congressman Jim Jordan is also expected to run for the position. U.S. stocks are surging as investors react to Democrats' sweeping of both chambers of Congress. The Dow jumped more than 1,000 points in morning trading, while the S&P 500 was up 1.6 percent
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