i remember in 2014 when brat beat eric cantor. i was an opposition researcher to ask for the research for all republican candidates running in the state of virginia. cantor was rarely ever in his district. when brat won, i remember the conversations at the time were well, if we allow some of the tea party individuals to win and we support them and back them, we can control them. we can reel them in. but temporarily, it will give us a majority. and it did. it was a great majority in 90 years. the party was incredibly successful. fast forward after that, you get to trump. and that to me was sort of the catalyst where i think the republican party really had to make a decision. do we completely oppose him with everything we can to try to save the party or do we allow this guy to become the nominee and ultimately win? they chose for trump to become the president. and at this point, joy, i don't see how it's even possible for the republican party to reverse this. kurt, to your point, you don't negotiate with terrorists. it's too late, th

i need not remind you eric cantor was dismissed by dave brat in 2010, paul ryan retired in 2018 and here's kevin mccarthy having a terrible no good horrible very bad day. i mean the implications for the gop writ large what is your expectation about what happens after they pick a speaker. can they govern? >> no, i don't think so. part of the issue is that the democrats in a way have an ideal scenario here. i mean obviously they would prefer to still have the majority, still have the speakership but, you know, they have the white house, they have the senate and they have a completely dysfunctional opposition, you know, at a time when it seems, i mean if you're hakeem jeffries, it seems almost fun to be in the minority because you have, you know, you're the foil to the other side but also there's a lot of the tension that was sort of built up around the pelosi leadership over many, many years is probably we leased to some degree and i think a lot of the old generational release has probably been at hand lately. i think it is really -- in some ways this is all very predictable, right? the repu

eric cantor, kevin mccarthy, paul ryan. together, they are the young guns. party to greatness. unfortunately, the curse of the young guns has claimed a third victim. eric cantor, once the house majority leader, was primaried from the right in 2014 and booted from congress unceremoniously. paul ryan quit under two nightmarish terms as speaker trying to manage the ultra maga republicans. and today, many of those same ultra magas are trying to stick a fork in the last young gun standing, and kevin mccarthy. how did this happen to the three men once touted as the future of the republican party? with me now is matt fuller and matt, let me start with you. you cover the house of congress, and including the republican congress for years, and know these people -- and you know -- i was just thinking, all day, what is matt fuller making of all this -- who has watched this -- unspool, and it feels like this was the moment it was all headed towards. like it was fated -- why did today happen? >> yeah. the young guns book cover is probably one of the most cursed images of

ryan, eric cantor and kevin mccarthy. welcome to the show, congressman rooney. that's kind of the irony, right? you had this tea party group who they were outside of government people who wanted to come in at the base level, who really wanted to cut government to the bone. and the people who agreed with them at that were people like the koch brothers willing to fund things like the tea party express because they also wanted to cut government because they didn't want to pay a lot of taxes. their thinking was that the reason that you couldn't get rid of the department of education, the department of energy and just get rid of it is republicans weren't fighting hard enough. this will be familiar to a lot of liberal democrats who say the same thing about the democratic party. if they would just fight harder, they could do certain things, but let me read you this. this is a dear colleague letter on demands to check the biden agenda. this is in december. they want to end vaccine mandates, but also reinstate and protect discharg

eric cantor now vice chairman and managing director of moelis and company. set and in the studio, eric now you're in the business of worrying about money and investing people's money you used to be in that other business is there anything that people at home, investors should take away from what we saw with speaker mccarthy being elected and having a slim majority now, republican majority in the house. does it mean anything for investors? >> sure it means something. >> what's it mean? >> what it means is we have now seen the reflection of the american voter desire to have a check and balance in terms of what was going on -- >> barely. >> -- the last two years. >> barely. >> but, you know, the bottom line is there is now a republican majority in the house and what that means is you won't see this continued skyrocketing in spending. you won't see any discussion of any kind of tax raises what you will see is i think an effort underway in the house to provide some oversight to what i believe is a hyper regulatory mode against business on the part of this dministr

for the republican perspective, the former communications director to eric cantor, welcome.ere we are. has failed -- kevin mccarthy has failed to get the necessary bows. >> you suck candidate say, someone needs to get out of the race. house modetes flexing muscles, we have heard about them flexing them before, but they did not know where the gym is. they're trying to see will blame first. at this point, he's going to keep going they're going to try and draw out opposition. we hear mixed things. folks are saying maybe it's time to move on. it's going to be a long time. the senate does not come back until january 23. >> you think this can go until january 23? >> absolutely. >> when you talk about the real-world implications, there are real things that impact millions of americans. is any of that resonating? >> not yet because you're still seeing the sideshow. most voters don't realize the policy and political implications. there are no committees. there is no house intelligence committee. to your important stuff. politically, joe biden says he was going to be a normalizer. he

who were empowered and emboldened to stand up to leadership and defy people like john boehner and eric cantor. the tea party looked like a dress rehearsal to what we are seeing now. what we are seeing now is people like matt gaetz and lauren boebert, they are -- it's almost as if they exist solely to be on fox news. right? >> it's performative and it's not policy driven. >> they try to dress it up and say, these rule changes we want, that's real, that's policy. but it's not. it's all about empowering this fringe at the expense of a leader who knows how to legislate and who presumably wants to legislate like kevin mccarthy. >> jeremy, ali, thank you both so much. >>> joining us now is former michigan republican congressman fred upton. it's good to see you. this is a whole new environment. you are known for working across the aisle, famously, of course, with your good friend john dingell, the democratic chairman. how the moderates -- how do they operate in this environment? >> well, a couple of things. first of all, we will see how this all plays out. the rules package, which is always usually

transformation of kevin mccarthy from somebody who had been with the young guns, with paul ryan and eric cantor. he wanted to hang out with them, and now he's hanging out with marjorie taylor greene. this is a full on transformation. it's, in some ways, why those five people and a few more actually don't believe he is a true believer in any real cause, that his real cause is kevin mccarthy. >> congressman, the former president's endorsement, has it really meant much in this whole saga? >> i don't think it has, anderson. i think it's really terrible that the former president is trying to play in a house leadership election or any president. ronald reagan, clinton, the bush's, obama would have never got involved with this. to the extent that mccarthy owes donald trump the speakership, i don't think that's good for his moderate and pragmatic members who represent districts where donald trump is the kiss of death. what did we learn from this midterm election? that donald trump's endorsement was problematic to so many candidates who lost races that should have been won by republicans. so, why tie yo

with paul ryan, eric cantor.ts bring the republican party back to its conservative roots, to its conservative policy agenda and then he's one of the ones that resisted trump in 2016 and then embraced him. he -- he dissed trump january 6th then ran down to mar-a-lago to beg for his forgiveness. a lot good that did him winning a 20-seat majority in the house a lot of good that did him to get trump to endorse him to be speaker. when marjorie taylor greene was attacked by democrats and having committee assignments taken away from her threw her under the bus then propped her back up to campaign for republicans in the fall elections and now he finds that even she is not extreme enough for the people who are holding him hostage. this is the house, this didn't happen by accident. it's not just that he's a bad leader, which he also is. he's crass enough to lead the republican party in opposition when it is, when donald trump is in power, but not savvy, strategic enough, has some sort of coalescing agenda around which he c

james avery, kay baey huhinson pitch right here in the middle east, save for for hnny his first eric cantorirginia went to a children's hospital and picked a local child that was battling battling brain cancer to depict hers. his distctays wonderful to see the different artisans. there's james avery i was telling you about earlier. it just made for a beautiful ro tree here. you see the oval office tree. in the state dining room and that wonderful portrait of lincoln. here you get a little glimpse of the chief of staff's tree. he reportedly loved harley davidson. so is a harley davidson theme tree. and you see the wonderful it chocolate gingerbread house with the fife and trim. again, this marzipan and chocolate figures and the obamas entered the white house. and her first theme was reflect, rejoice and renew. and it made for a beautiful blue room tree with this wonderful stately yellow ribbon running all the way through it and she had over 800 ornaments from previous administrations on display that year at the white house. many of them are sent to local communities centers throughout the co

he's the former communications director to house majority leader eric cantor and for the republican national committee. doug, welce. good to see you. doug: good to be with you. amna: so, here we are. kevin mccarthy has failed to win the necessary votes in six rounds of voting. that number against him has remained largely unchanged. this ijust a game of chicken now? it's a stalemate? do: it is a game of chicken. and what we see is, it's sort of similar in a way to the 2016 primaries towards the end, when it was clear that donald trump was most favored to win. and you saw a lot of candidates say, somebody needs to get out of that race. you need to get out, not me. so, you see house moderates, republican moderates, flexing their muscles for the first time. we have heard about them flexing muscles before, but they really didn't even know where the gym is, vs. the 20 or so who are opposing mccarthy right now. and they're trying to see who will blink first and it's just not clear. amna: you heard in lisa's reporting there sources telling her it may be time for mccarthy to get outoon. do you think

i'm scott wapner in just a little bit, cantor's eric johnston is back with us. he still super negative on where your money is heading? you know we'll ask him we begin with our talk of the tape the view of the markets from wall street, legend leon cooperman. he's the chairman of the

[clap] >>> i'll see you on overtime, 4:00 eastern sofy's liz young joining today and cantor's eric johnstong for a big downturn is it time to be less negative for him? we'll ask him. united earnings also out we'll have those latest numbers, too. stephanie link, start us off >> the fxi, china reopening, consumer confidence returning and gdp bottoming. that's what i'm expecting for this year. >> okay, thank you joey t.? >> put up on your trading screen, glw, that's corning. if it gets a pullback into the low 30s, you want to be a buyer there. >> you've been looking at that for a while? >> yeah. >> josh brown, downtown -- do they still call you downtown josh brown >> everybody does. >> nexterra energy, nee, this stock has been green all day it's so close to a breakout. i think $90 is the trigger it struggled in that area a couple of times, but the more times it attempts, the more likely you're going to finally get that move higher i would keep an eye on this name >> all right so we're going to keep our eye on the markets for sure. dow is now down about 380. goldman obviously a big weight there

started from post nine here at the new york stock exchange, and in just a little bit i'll speak to cantor's eric negative on stocks and when would cause him to change his mind we begin though with our talk of the tape the market at a pivotal point as earnings season gets ready to rev up stocks have shown pretty impressive resiliency with the dow down nearly 400 points can we