A post by @FirstSquawk on X.
HAKEEM JEFFRIES DECLARES CANDIDACY FOR SPEAKER OF HOUSE IN LETTER TO COLLEAGUES - AXIOS
@FirstSquawk on X
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House Minority Leader Hakeem Jeffries has formally declared his candidacy for Speaker of the House in a letter to colleagues, according to Axios. The move positions the New York Democrat to lead his party's caucus into the next speakership fight. It matters because control of the House gavel shapes the legislative agenda, including spending and fiscal policy that markets track closely. Watch whether Jeffries locks down unified Democratic support and how the broader chamber vote ultimately shakes out.
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Hakeem Jeffries, House of Representatives, Axios