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House Speaker John Boehner is due to brief the press and discuss Eric Cantor's defeat. CNBC's John Harwood looks into what issues lead to Cantor's loss.
WASHINGTON, June 11- A shock primary election defeat for Eric Cantor, the No. 2 Republican in the U.S. House of Representatives, left his political party in chaos on Wednesday as financial markets worried the shakeup might renew budget fights that in the past have caused government shutdowns and near credit defaults.
WASHINGTON, June 11- A combination of over-confidence, neglect of his district and voter anger at congressional leaders fueled Republican Eric Cantor's stunning primary loss in Virginia, an upset that rocked the Republican Party.
Eric Cantor will step down from his post as majority leader on July 31 after losing his primary bid Tuesday night. NBC News reports.
WASHINGTON, June 11- U.S. House of Representatives Majority Leader Eric Cantor plans to step down as the No. 2 House Republican after a shock election defeat to a Tea Party movement upstart that set off an unexpected scramble for new leadership. The Washington Post reported that Cantor would leave his post effective July 31.
NEW YORK, June 11- House Majority Leader Eric Cantor's shocking defeat isn't likely to have much effect on U.S. financial markets-- unless his departure emboldens Tea Party Republicans to again threaten a government shut-down over the debt ceiling next year, investment strategists said.
WASHINGTON, June 11- Republican lawmakers are scrambling to identify the party's future leaders after the shock primary election defeat of Eric Cantor, the No. 2 Republican in the House of Representatives, by an upstart candidate from the Tea Party movement.
Who is the tea party Congressional candidate who upset Eric Cantor in a Virginia Republican primary? The Fiscal Times reports.
Some of the nation's leading businesses are prodding lawmakers to act on immigration as the issue enters a critical phase on Capitol Hill.
More than 100 activists protested at the FCC on Thursday, with signs reading "Liberate the Internet" and "Keep the Internet Free" and three audience members were escorted out of the meeting room for standing and shouting protests.
Some 200 activists have said they plan to protest at the FCC on Thursday, joining a few hard core critics who have camped outside the agency for a week. Those advocates want the FCC to reclassify Internet providers as utilities, like telephone companies, rather than as the less-regulated information services they are now.
WASHINGTON, May 13- President Barack Obama's decision on possible changes to U.S. deportation policy sets up an election-year skirmish that could help Democrats win points with their political base while irritating Republicans who are open to immigration reform.
April 18- The Obama administration said on Friday it would extend the period of time for federal agencies to weigh in on the Keystone XL oil pipeline, giving no new deadline.
The Senate passes a bill to restore expired long-term jobless benefits for 2.4 million Americans.
"The Senate just took action on a bipartisan bill" to renew unemployment insurance Obama said in a Twitter message. Shortly after the Senate vote, seven House Republican wrote party leadership, asking that a House vote be held on the bill or on a similar measure.
WASHINGTON, April 7- On a 59-38 vote, the Democratic-led U.S. Senate passed a bill on Monday to restore expired jobless benefits for 2.4 million Americans, sending the bipartisan measure to a divided Republican-led House of Representatives for consideration. A week ago, the legislation seemed certain to die in the House amid opposition by top Republicans.
WASHINGTON, April 2- A rare burst of good news on President Barack Obama's healthcare program has given Democrats their first glimmer of hope in months on an issue that has helped drag the party down ahead of November's U.S. congressional elections.
WASHINGTON, April 2- House of Representatives Republican leaders on Wednesday predicted passage of a budget blueprint offered by Representative Paul Ryan, despite criticism from conservative Tea Party activists who said the plan would not eliminate federal deficits quickly enough.
WASHINGTON, April 2- General Motors Co came under withering attack for its decade-long failure to notify the public about defective parts linked to fatal crashes, as a U.S. Senate hearing opened on Wednesday with accusations that the company fostered "a culture of cover-up."
WASHINGTON, April 1- President Barack Obama's national healthcare program signed up more than 7 million people by the last day of March, the White House said on Tuesday, notching a rare victory after a months-long, glitch-filled rollout of the law.