Story

On air. The free wire runs 15 minutes behind live. See pricing

World, crypto, finance and tech news, scored for impact.

MarketsCNBCFiled 23 h ago

Jim Jordan elected House GOP leader

Open the sourceReported by CNBC, cnbc.com, 10 November 2026

Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.

House Republicans elected Rep. Jim Jordan, R-Ohio, as their minority leader for the 120th Congress after Speaker Mike Johnson, R-La., announced the day after Election Day that he would not seek the post. The move elevates Jordan, a prominent conservative and Judiciary Committee ally of President-elect Donald Trump, to the top of the House GOP conference as it transitions to minority status. The leadership shake-up follows Republicans losing their House majority in the November elections, with Johnson opting to step aside rather than contest the minority leader race. Jordan's selection signals the conference's continued alignment with Trump's agenda heading into the new Congress. Lawmakers will next formalize the leadership team and set committee assignments, with Jordan's ability to unify moderates and hardliners a key test.

Muhabbit's AI wrote this summary in its own words from CNBC's report. It can get details wrong, so check the source.

Named in this story

Jim Jordan, Mike Johnson, House GOP