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The 118th Congress is set to begin at noon on Tuesday but as of this morning, the House of Representatives ' majority party is still divided over who will lead the chamber for the next two years.
A key Republican opponent of Rep. Kevin McCarthy's bid for House speaker said late Monday the Californian remains "well short" of the 218 votes he needs.
With just a 222-seat majority, McCarthy can afford to lose four members to still win the gavel. So far there are a total of 14 Republicans who suggested voting against him.
Republicans cannot agree on who will be the next Speaker of the House. Republican Leader Kevin McCarthy's attempt to replace Nancy Pelosi failed in the first two rounds of voting.
And the Eurasia Group released its Top Risks of 2023 report this morning.