Eight Republicans announce their candidacy for Speaker of the House

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Yahoo Finance published this video item, entitled “Eight Republicans announce their candidacy for Speaker of the House” – below is their description.

House Republicans are meeting to vote on a new candidate for Speaker of the House from a pool of eight potential nominees. Yahoo Finance Senior Columnist Rick Newman outlines the latest developments in Congress’ ongoing Speaker race while commenting on what this could mean for the 2024 election.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

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In This Story: Republicans

The Republican Party, sometimes also referred to as the GOP (Grand Old Party), is one of the two major contemporary political parties in the United States, along with its main, historic rival, the Democratic Party.

It was founded on 20th March 1854 and has its contemporary headquarters in Washington, D.C., United States. The present leadership is Ronna McDaniel (chairwoman).

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Voting is a method for a group, such as a meeting or an electorate, in order to make a collective decision or express an opinion usually following discussions, debates or election campaigns. Democracies elect holders of high office by voting. Residents of a place represented by an elected official are called “constituents”, and those constituents who cast a ballot for their chosen candidate are called “voters”. There are different systems for collecting votes, but while many of the systems used in decision-making can also be used as electoral systems, any which cater for proportional representation can only be used in elections.

In smaller organizations, voting can occur in different ways. Formally via ballot to elect others for example within a workplace, to elect members of political associations or to choose roles for others. Informally voting could occur as a spoken agreement or as a verbal gesture like a raised hand or electronically.

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