Rep. Tom Emmer of Minnesota has made the decision to withdraw his candidacy for the Speaker of the House position, as reported by multiple sources. Emmer had faced significant opposition within his own party, with over 20 fellow Republicans expressing their lack of support in a potential floor vote. Notably, former President Donald Trump, who is currently leading the 2024 GOP presidential primary race, has also voiced his opposition to Emmer’s bid.
Emmer, a prominent advocate for cryptocurrencies, had previously held the role of the No. 3 House Republican. However, on Tuesday afternoon, he officially became the latest nominee from his party for the position of speaker.
Since October 3rd, when former Speaker Kevin McCarthy was historically ousted by the House, the Republican-controlled chamber has lacked direction. House Majority Leader Steve Scalise initially emerged as the GOP’s nominee for speaker on October 11th. However, after facing resistance from colleagues, Scalise decided to withdraw his bid as well. Likewise, another potential nominee, Rep. Jim Jordan of Ohio, experienced a failed attempt at securing the position just last week.
