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    What to Expect at Today’s DealBook Summit

    Vice President Kamala Harris, Elon Musk, Bob Iger, Jamie Dimon and Tsai Ing-wen, the president of Taiwan, are among the big names speaking.Leaders in politics, business and culture will gather in New York for the DealBook Summit today. Here, The Times’s Andrew Ross Sorkin interviews Reed Hastings of Netflix at last year’s event.Hiroko Masuike/The New York TimesThe lineup for DealBook Summit 2023 On Wednesday, DealBook will be live and in person at our annual summit in New York.Andrew takes the stage around 9 a.m. Eastern, and the first interview kicks off soon after. The DealBook team and reporters from The Times will be reporting live from the conference.Even if you are not with us, you can follow along here beginning at 8:30 a.m. Eastern.Here are the speakers:Vice President Kamala HarrisTsai Ing-wen, the president of TaiwanElon Musk, the chairman and C.E.O. of SpaceX, the C.E.O. of Tesla and the chairman and chief technology officer of XLina Khan, the chair of the Federal Trade CommissionJamie Dimon, the chairman and C.E.O. of JPMorgan ChaseBob Iger, the C.E.O. of DisneyRepresentative Kevin McCarthy, Republican of CaliforniaJensen Huang, the C.E.O. of NvidiaDavid Zaslav, the C.E.O. of Warner Bros. DiscoveryShonda Rhimes, the television show creator and the founder of the Shondaland production companyJay Monahan, the commissioner of the PGA TourWhat to watch: The buzz and fears swirling around artificial intelligence, the rise of hate speech and antisemitism since the Hamas-led Oct. 7 attacks on Israel, China-U.S. relations, inflation, interest rates and the chip wars and streaming wars — these topics and more will be covered by Andrew as he interviews some of the biggest newsmakers in business, politics and culture.There will be plenty of questions about an uncertain world. Americans are down on politics, the economy and workplace conditions. College campuses are divided. What role does business play in addressing these grievances? What about the White House and Congress? Can they bring voters together? Speaking of which, can Republicans unite to keep the government from shutting down again (and again)?Elsewhere, can Beijing and Washington decrease tensions and restore more normalized trading relations? What about A.I.? Is this a technology that will unleash a new wave of productivity, or is it a force that could do irreparable harm? And what’s so special about colonizing Mars?More on what to expect later.HERE’S WHAT’S HAPPENING Charlie Munger, Warren Buffett’s longtime lieutenant, dies at age 99. A former lawyer who became the vice chairman of Berkshire Hathaway and a billionaire in his own right, he became known for his sardonic quips. But Munger had more influence than his title suggests: Buffett credited him with devising Berkshire’s famed approach of buying well-performing businesses at low prices, turning the company into one of the most successful conglomerates in history.The Koch Network endorses Nikki Haley. Founded by the billionaire industrialists Charles and David Koch, the political network — which had raised a war chest of more than $70 million as of this summer — could give Haley’s campaign organizational strength and financial heft as she battles Gov. Ron DeSantis of Florida and aims to close the gap on the Republican front-runner, Donald Trump. Haley has risen in the polls since the first Republican primary debate in August, while DeSantis has slipped.Apple reportedly moves to end its credit card pact with Goldman Sachs. In the latest blow to Goldman’s consumer finance ambitions, the tech giant has proposed pulling the plug on a credit card and savings account it introduced with the bank, according to The Wall Street Journal. It’s unclear if Apple has found a new partner to issue its Apple Card, though Goldman had previously discussed a deal to offload the program to American Express.Mark Cuban makes two exits. The billionaire entrepreneur will leave “Shark Tank” after more than 10 years of assessing start-up pitches and making deals on camera. And, according to The Athletic, Cuban is selling a majority stake in the Dallas Mavericks to the casino billionaire Miriam Adelson and her family for a valuation around $3.5 billion. (He will retain full control over basketball operations.)Some things we’d like to cover Vice President Kamala HarrisWill “Bidenomics” save or sink the Biden-Harris ticket in 2024?Elon Musk, SpaceX, Tesla and XWhat did you learn from your trip this week to Israel?Lina Khan, F.T.C.What is your endgame in taking on Big Tech?Jamie Dimon, JPMorgan ChaseDoes America have too many banks?Jensen Huang, NvidiaIs investor enthusiasm around artificial intelligence justified, or is it merely inflating a bubble?We’d like your feedback! Please email thoughts and suggestions to dealbook@nytimes.com. More

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    Let’s Talk Turkey and Politics

    Ah, Thanksgiving. That magical time when friends and family gather round the table to share the love, reminisce — and bicker endlessly about politics and the state of the nation. If your clan is anything like mine, the conversation bends toward the grim and angsty: President Biden’s advanced age, Donald Trump’s legal dramas, Ron DeSantis’s creepy robot smile, the price of Tom Turkey, the chaos in Congress, the government’s alien cover-up …. It can be a lot.But there is, in fact, so much to be grateful for, especially in the political realm. Don’t laugh! And please stick with me while I share several of my favorites. Because while you may need to squint to see the silver lining in the political clouds, it is important to do so. Nothing is quite as dangerous as good people despairing and disengaging from politics, ceding the field to the crooks and cranks. Our democracy is too important.Let me start with an entry that may surprise many of you. I am thankful that Kevin McCarthy, in his brief and inglorious tenure atop the House, cut a bipartisan deal to avoid a debt default. I have said many, many harsh things about the ex-speaker over the years — every one of which he earned with his hollow, slippery spinelessness. But the guy wrecked his dream job to prevent his right-wingers from wrecking the global economy. Gotta give him props.I’m thankful that elections this year earned Republicans another spanking for their efforts to curtail women’s reproductive rights. Pro tip for abortion opponents: If you want women to buy your devotion to “a culture of life,” try pushing policies aimed at supporting mothers and children after delivery rather than focusing so stringently on restrictive measures that make you seem punitive and controlling.I am thankful that Congress is getting some time off this week so that thin-skinned, overly emotional men like Mr. McCarthy and Senator Markwayne Mullin can pull it together and stop picking physical fights — or, if you believe Mr. McCarthy, accidentally thwacking a colleague in the back — in the halls of government. (Sorry, Kev. You just keep asking for it.)On a related note, I am thankful that, after challenging a Senate witness to a smackdown, Mr. Mullin helpfully elaborated: “I’ll bite 100 percent. In a fight, I’m going to bite. I’ll do anything. I’m not above it. And I don’t care where I bite, by the way.” Stay classy, my man!I’m thankful that the U.S. judicial system is not treating Donald Trump as though he is above the law.I’m thankful that it has been more than 1,050 days since Trumpists last stormed the Capitol.More earnestly, I am thankful that we have now gone three election cycles without major upheaval or violence. Kudos to all the people, from lawmakers and lawyers to election clerks and poll workers, who labor to safeguard the integrity of America’s electoral system.I am thankful we have a president who believes in democracy. It feels weird to have to say that, but here we are.I’m thankful that the fine people of New Jersey finally seem ready to kick Senator Bob Menendez to the curb. Two criminal indictments in eight years feels like enough.I’m thankful that even Jim Jordan’s Republican colleagues understood that he is too big of a jerk to be the speaker.I am thankful not to be George Santos’s lawyer.Or Hunter Biden’s.Or Rudy Giuliani’s.Or Eric Adams’s.I am thankful that Jenna Ellis is not my lawyer. Seriously. Who gave this woman a J.D.?I am thankful that inflation is easing, though I wish it would ease even faster. People are struggling. High prices — and the perception of them — influence how voters feel about the state of the nation, and an angry electorate yearning for better economic days plays into the hands of Mr. Trump’s aggrieved brand of politics and his woo-’em-with-nostalgia message.I am thankful for governors of all political persuasions. Most, though certainly not all, tend to be more solutions-oriented and open to cross-aisle compromise than members of Congress, who operate with more of a team-based mind-set.I am thankful that Mike Pence got the message that no one wants him to be president.I am thankful that Nikki Haley knows how to throw a political punch — especially at Vivek Ramaswamy.I am thankful that even many Republicans clearly get that Mr. Ramaswamy is the most obnoxious creature ever to run for president.I am thankful that Tucker Carlson no longer has a sweet prime-time platform from which to poison the minds of America’s grandparents.I would like to be thankful for the Supreme Court’s new ethics code. The court needed some boundaries after all the revelations about Justice Clarence Thomas for years accepting luxury vacations and other eye-popping gifts from rich friends (without disclosing some of them) and participating in conservative donor events (on the q.t.) and failing to recuse himself from cases related to the political shenanigans of his wife, Ginni, including her work to overthrow the 2020 presidential election. Sadly, this code is a wilted, flimsy fig leaf. Still, it suggests the justices can recognize when one of their own has crossed a line. So maybe they’ll do better after Justice Thomas gets back from his next friend-funded holiday or a buddy spots him an even bigger, shinier R.V.I’m thankful that the House Republicans’ shabby impeachment inquiry into President Biden has been almost as embarrassing for them so far as a night out with Lauren Boebert.Speaking of, I’m super thankful Ms. Boebert had the decency not to take her date to a matinee of “Beetlejuice,” where there would probably have been even more easily scarred children.I am thankful the new House speaker, Mike Johnson, brushed back his ultraconservative colleagues to spare the nation a holiday-season government shutdown. Some of these wingers already have started working to make him pay for this betrayal, but, seriously, what are they going to do — oust him?Lastly, I cannot adequately express how thankful I am to live in a country where I can poke fun at political leaders who so richly deserve it without fear of government reprisal. God bless America.The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com.Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram. More

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    Some Republicans Worry Mike Johnson Can’t Match Kevin McCarthy’s Fund-Raising Prowess

    The former speaker, Kevin McCarthy, was a prolific fund-raiser for his House colleagues. The new speaker, Mike Johnson, doesn’t yet have the same juice.The decision to oust Kevin McCarthy as speaker and replace him with a little-known congressman, Mike Johnson of Louisiana, has left a glaring financial gap for House Republicans headed into 2024 when the party has to defend its narrow and fragile majority.Mr. McCarthy’s political operation brought in more than 100 times the amount of money that Mr. Johnson has collected so far in 2023 — $78 million to roughly $608,000, according to federal records and public disclosures. And in Mr. Johnson’s entire congressional career, dating to his first run in 2016, the Louisiana Republican has raised a total of $6.1 million — less than Mr. McCarthy’s average monthly take this year.The willingness of House Republicans to trade a party rainmaker for a member who has raised less than some more junior colleagues has caused a deep sense of uncertainty at the highest levels of the conference, even as relieved lawmakers united behind Mr. Johnson to end weeks of political paralysis.“Mike Johnson is not known to be a prolific fund-raiser. He’s raised money to meet his needs in a noncompetitive seat in Louisiana,” said Tom Reynolds, a former New York congressman and past chairman of the National Republican Congressional Committee. “It remains to be seen: Can he raise money to help the members when it comes time next year?”In the days since he took the gavel, Mr. Johnson called Dan Conston, the president of the Congressional Leadership Fund, the main House Republican super PAC, and is expected to play a significant role in that group’s fund-raising going forward. And in a sign of the urgency of the political task ahead — in addition to governing — Mr. Johnson, in a meeting first reported by Punchbowl News, visited the headquarters of the National Republican Congressional Committee within hours of his swearing-in on Wednesday.Mr. Johnson has large financial shoes to fill.Mr. McCarthy has been directly responsible for 10 to 25 percent of all the campaign money raised this year by almost all of the House’s most vulnerable Republicans, according to an analysis of federal records.Mr. McCarthy’s transfers to the party’s House campaign committee amount to more than 25 percent of the $70.1 million raised this year. Then there are the hundreds of millions of dollars that Mr. McCarthy has helped raise in recent years for the House G.O.P.’s main super PAC, which has been closely aligned with him.In a brief interview Friday, Mr. McCarthy pledged to “help the party to bridge the gap” in the coming weeks and months as the new speaker takes over, though it is not yet clear if he will keep up the dizzying pace of travel that his team said had taken him to 22 states and 85 cities this year.“I helped build the majority, and I’m not going to walk away from it,” Mr. McCarthy said.One person who has been in touch with the new speaker, who spoke on condition of anonymity to describe a private conversation, said Mr. Johnson understood the weight of his new responsibility, not just legislatively but also politically.Adding to the sense of uncertainty among top Republicans is how Mr. Johnson’s hard-line positions on social issues — his opposition to gay marriage and strict anti-abortion stance — will play with some of the party’s key financiers, who tend to be more moderate than the party base.Representative Mike Johnson won the votes of his caucus. Now he’ll have to deliver on the fund-raising front.Haiyun Jiang for The New York TimesAllies of Mr. Johnson predicted he would quickly take to the money circuit. To some extent, the perpetual money machine that is modern Washington has already begun to adjust to the new Republican order.“The event we do for him will probably be the easiest money I’ve raised all cycle,” said Susan Hirschmann, a Republican lobbyist who leads the firm Williams & Jensen and is already organizing a fund-raiser. “I can tell you my phone has been ringing off the hook with people wanting to help raise money for Speaker Johnson.”Brian Ballard, who runs another major lobbying firm, said that the new speaker’s team had already reached out and they were now organizing an event this fall. “The world turns, and that role requires him to take that on,” Mr. Ballard said. “My clients are very excited to work with him. It’s seamless as far as I’m concerned.”Still, it is not just the prodigious nature of Mr. McCarthy’s fund-raising but also the specific methods he used to raise and distribute money that make his efforts hard to replicate. His political operation built the war chests of his party’s most vulnerable incumbents — a hole that the new speaker is unlikely to be able to fill in the months leading up to next year’s crucial elections.Federal records show that for 21 of the 24 most vulnerable Republican incumbents, Mr. McCarthy was directly responsible for at least 10 percent of their fund-raising in the first nine months of 2023. That is an unusually significant share to have come from a single source, and Mr. McCarthy did so by bundling large numbers of contributions before distributing them to his colleagues.For some members, the McCarthy share was closer to 25 percent of what they raised.Representative Brandon Williams of New York has received about $336,000 from Mr. McCarthy-linked committees this year — roughly one-quarter of the $1.3 million he has raised. Representative John Duarte of California, who won one of the nation’s narrowest contests in 2022, has received roughly $402,000 from the former speaker’s operation — more than 23 percent of the $1.7 million he has raised.The McCarthy team had intended to soon pivot to similarly fill the coffers of the Republican challengers running against Democratic incumbents, according to three people familiar with the plans, who requested anonymity because they were not authorized to speak for Mr. McCarthy’s political operation, but the future of those efforts is now unclear.Even with Mr. McCarthy’s efforts, the National Republican Congressional Committee has trailed its Democratic counterpart in fund-raising this year, $70.1 million to $93.2 million, and entered October with about $8 million less in the bank.“Clearly Republicans were extremely dependent on Kevin McCarthy for their fund-raising,” said Representative Suzan DelBene of Washington, who chairs the Democratic Congressional Campaign Committee. “This does put them in a very difficult position.”Mr. McCarthy spent more than a decade carefully tending to donor relationships as he rose through the ranks of the House. Mr. Johnson is entering the speakership with neither a significant large donor network nor a devoted grass-roots following. His campaign account had brought in less than $300,000 in donations of less than $200 in his congressional career.And while he served as the chairman of the conservative Republican Study Committee, an internal House conservative caucus, he has not been a fixture on the Washington fund-raising circuit and has not chaired a standing committee.Jeff Brooks, a partner at the lobbying firm Adams and Reese who knows Mr. Johnson, said that “he’s got the personality” to succeed. “There is going to be a gap, no question,” he said of replacing Mr. McCarthy’s money. “But Mike is going to close it quickly.”Mr. Johnson’s office declined to comment.For now, Representative Steve Scalise, the majority leader and a fellow Louisiana Republican, is expected to help Mr. Johnson as he builds out his operation.“When someone like Mike gets into this very important role, very suddenly I think it’s fair to say — obviously a person in that position needs to be careful about who’s really loyal and committed to him versus being opportunist,” said David Vitter, a former senator from Louisiana and now a lobbyist who has known Mr. Johnson for years. “I know Mike trusts Steve and Steve’s team in general.”Some in Washington have scoffed that one of Mr. McCarthy’s top money men, Jeff Miller, a lobbyist who has been a prolific fund-raiser for years, said in Politico that he would help Mr. Johnson.“Very selfless of him,” Mr. Vitter said with a laugh. 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    Trump’s Extremists Are Now In Charge of the House

    The three-week battle to choose a House speaker may be over, yet the fallout for the United States and its reputation as a sound government and a beacon of democracy will be long-lasting and profound.The Republicans in the House unanimously voted for a man who made it his mission to try to overturn the 2020 presidential election, who put the political whims and needs of former President Donald Trump ahead of the interests and will of the American people. A party that once cared deeply about America as the leader of the free world, and believed in the strength, dependability and bipartisan consensus that such a role required, has largely given way to a party now devoted to an extremism that is an active threat to liberal values and American stability.Americans and the world are starting to get to know Mike Johnson, now the second in line to the presidency, and it’s a troubling introduction. Donald Trump may not be in the White House, but Trumpism as an institution has transcended the man and provided the operating principles for the House of Representatives and much of the Republican Party.Those operating principles include allowing Mr. Trump to all but select the speaker, and elevating, in Mr. Johnson, one of the party’s most prominent election deniers. It has been disturbing to watch the slide from Republican speakers like Paul Ryan and John Boehner, who denounced attempts to challenge the election results, to the hemming-and-hawing of Kevin McCarthy, to the full-blown anti-democratic stands of Mr. Johnson. And it has certainly been a long slide from the party of Ronald Reagan — whose 11th Commandment was not speaking ill of other Republicans and who envisioned the party as a big tent — to the extremism, purity tests and chaos of the House Republican conference this year.Every Republican present in the chamber voted on Wednesday for Mr. Johnson, reflecting the exhaustion of a party that has been ridiculed for incoherence since it deposed Mr. McCarthy for working with Democrats to fulfill the basic function of Congress, to fund the federal government. The choice of Mr. Johnson came after Mr. Trump helped engineer the result by torpedoing a more moderate candidate, setting the stage for the 2024 presidential election to unfold with someone in the speaker’s chair who has proved his willingness to go great lengths to overturn a free and fair vote.It’s obvious why the former president was so supportive of the new speaker. Mr. Johnson was “the most important architect of the Electoral College objections” to Mr. Trump’s loss in 2020, as a New York Times investigation found last year. He made unfounded arguments questioning the constitutionality of state voting rules, he agreed with Mr. Trump that the election was “rigged,” cast doubt on voting machines, and supported a host of other baseless and unconstitutional theories that ultimately led to a violent insurrection at the Capitol on Jan. 6, 2021.Mr. Johnson now refuses to talk about his leading role in that shameful drama. When a reporter for ABC News tried to ask him about it on Tuesday night, he would not respond; his fellow Republicans booed the question, and one yelled at the reporter to “shut up.” Such questions cannot be dismissed when Mr. Trump is the leading candidate for the Republican presidential nomination. Though changes in the law and Democratic control of the Senate make it much harder for the House of Representatives to impede certification of the vote, the American public deserves a speaker of the House who will uphold the will of the people, not someone willing to bend the rules of an election for his own side.More immediately, while his election as speaker will make it possible for the House to continue functioning, it is not clear that Mr. Johnson is committed to the work of actually governing. At the end of September, he voted against the stopgap spending measure negotiated by Mr. McCarthy that prevented a government shutdown. That bill was an important litmus test; Mr. McCarthy brought it to a vote and got it passed with bipartisan support, over the objections of Mr. Trump, leading to his downfall as speaker. Two other Republican speaker candidates, Tom Emmer and Steve Scalise, also voted for it — and were also vetoed by the extreme right.Mr. Johnson now says he would support another temporary stopgap to give the House time to pass drastic spending cuts. That promise may have won over the Republicans who blocked the candidacy of another extremist, Jim Jordan, last week. But Mr. Johnson’s voting record so far leaves little doubt that he prefers the performance of taking positions to actual lawmaking.This leaves Congress in a precarious state. The 22 days of indecision, backbiting and bullying that followed Mr. McCarthy’s ouster did significant damage to the reputation of the United States as a country that knows how to govern itself. One of the country’s two major political parties sent a piercing signal to the world and the nation that it is no longer a reliable custodian of the legislative branch — and many party members knew it.“This is junior-high stuff,” Representative Steve Womack, Republican of Arkansas, said a few days ago. “We get wrapped around the axle of a lot of nonsensical things. But, yes, the world is burning around us. We’re fiddling; we don’t have a strategy.”Nevertheless, Mr. Womack voted for Mr. Johnson. His preferred choice was Mr. Emmer, a Republican whose views are more moderate and who might have led the party out of its hard-line cul-de-sac. Mr. Emmer had the support of many other Republicans, but his candidacy never even got to the House floor for a vote.That’s because Mr. Trump exacted retribution for Mr. Emmer’s willingness to recognize the true outcome of the 2020 election. Mr. Emmer voted to certify those results, defying Mr. Trump, and the former president has never forgiven him. On Tuesday, he denounced Mr. Emmer on social media as a “globalist” and a fake Republican who never respected the MAGA movement. After Mr. Emmer dropped out in the face of growing opposition from the far right, Mr. Trump boasted to a friend: “I killed him.”Mr. Johnson will take control of the House at a moment when the United States needs to demonstrate leadership on the world stage. One of the most important decisions is coming right up: Will Mr. Johnson support Mr. Biden’s request for nearly $106 billion for aid to Ukraine and Israel? He has already voted against most bills to support Ukraine’s fight against Russian aggression.As speaker of the House, he plays a crucial role in the legislative system, determining the agenda by choosing which bills will reach the House floor for a vote, supervising committee appointments, and hammering out compromises to get legislation passed. (Nancy Pelosi, for example, demonstrated make-or-break leadership in creating the Affordable Care Act.)Mr. Johnson believes that the “true existential threat to the country” is immigration and led the Republican Study Committee, the largest group of conservatives in the House, which issued a plan to erode the Affordable Care Act, Medicare and Medicaid. It also refers to free public education as “socialist-inspired.”On social issues, Mr. Johnson has also embraced the positions of the hard right. He supported state laws that criminalized gay sex, and wrote in 2004 that gay marriage would “place our entire democratic system in jeopardy” and lead to people marrying their pets. As a congressman, he celebrated the demise of Roe v. Wade in 2022.It bears repeating that this Trump loyalist is now second in line to the presidency. The former president has never accepted being out of the White House, and it’s clear he still commands firm control over half of the Capitol building.Source photograph by Brendan Hoffman/Getty Images.The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com.Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram. More

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    Mike Johnson’s Speakership Reveals GOP’s Trump Loyalty Test

    The developments on Capitol Hill highlighted the extent to which one of the greatest sins inside the Republican Party is to have certified Joseph R. Biden’s victory.Representative Mike Johnson of Louisiana had just survived a closed-door vote to end a tumultuous period of paralysis without a House speaker on Tuesday night and was celebrating with smiling and exhausted Republican colleagues.“Democracy is messy sometimes,” he said, “but it is our system.”But moments later, Mr. Johnson was confronted at a news conference about his own past role in American democracy, when he worked in alliance with former President Donald J. Trump to block the certification of the 2020 election.Boos rang out at the reporter’s inquiry. Mr. Johnson closed his eyes and shook his head. “Shut up! Shut up!” one congresswoman shouted. “Next question,” Mr. Johnson said. Only hours earlier, the speakership bid of another candidate, Tom Emmer, the majority whip, had been felled amid a lobbying blitz from Mr. Trump himself. Among Mr. Emmer’s apparent apostasies: certifying President Biden’s election. His tenure as speaker designate lasted only four hours.Then, on Wednesday, when Representative Pete Aguilar, a Democrat, chastised Mr. Johnson for leading efforts to reject the Electoral College votes on the House floor in 2020, one Republican lawmaker shouted back, “Damn right!”The back-to-back-to-back developments on Capitol Hill underscored not only the extent to which loyalty to Mr. Trump has become a prerequisite to taking power in today’s Republican Party, but also how — two and half years after a riot that left the Capitol covered with blood and broken glass — the greater sin inside the G.O.P. is to have stood with the voters that day and certified the election of Joseph R. Biden.“Bottom line is the Trump wing of the House is dominant and has been dominant for some time,” said former Representative Charlie Dent, a moderate Republican from Pennsylvania. Mr. Dent called Mr. Johnson “affable” and “bright” but said the political takeaway was clear: “A member of the Trump populist wing is now speaker.”Representative Matt Gaetz of Florida, a Trump ally who filed the motion that took down former House Speaker Kevin McCarthy, beamed, “This is what victory feels like,” celebrating Mr. Johnson’s rise on Steve Bannon’s “War Room” podcast on Wednesday before the official floor vote. Mr. Gaetz called him “MAGA Mike Johnson” — the same moniker that the Biden campaign used hours later.At a New York courthouse, where he and his company are on trial for financial fraud, Mr. Trump himself praised Mr. Johnson. “I think he’s going to be a fantastic speaker,” the former president said Wednesday.The internal politics of House Republicans do not revolve solely around Mr. Trump. The former president had publicly backed Representative Jim Jordan of Ohio for speaker earlier this month, only to see him blockaded by a more moderate faction in the conference.But the end of the three-week paralysis shows that the party remains yoked to the former president’s election denialism, with Mr. Johnson’s selection by his Republican colleagues coming on the same day that one of Mr. Trump’s former lawyers tearfully pleaded guilty in a Georgia racketeering case related to Mr. Trump’s attempts to overturn the election.“If I knew then what I know now, I would have declined to represent Donald Trump in these postelection challenges,” said Jenna Ellis, a once-combative Trump attorney who is now cooperating with Mr. Trump’s prosecutors. Prosecutors struck deals with two other Trump figures, Sidney Powell and Kenneth Chesebro, in the last week.It was a different story on Capitol Hill.With Mr. Trump dominating polls in the 2024 presidential primary — and even his top rivals staying relatively silent on his election fraud falsehoods — the party appears content to look past the fact that many of the party’s most prominent election deniers lost in key swing states such as Arizona and Pennsylvania in the 2022 midterm elections.For many Republicans, the primary victories that preceded those defeats are as politically significant. Last year, Mr. Trump sought to methodically cleanse the party of his critics, especially those who had voted to impeach him after the Jan. 6 riot. He mostly succeeded: Only two of the 10 House Republicans who voted to impeach him survived.In contrast, Mr. Johnson served on Mr. Trump’s impeachment defense team. And before that he recruited House Republicans to sign onto a legal brief to object to the outcome of the 2020 election. When that failed, he had played a key role in articulating a rationale for Republican lawmakers to oppose certification of the 2020 results on the floor. His guidance did not directly echo Mr. Trump’s wild allegations and was narrower in scope, but it led to the same final vote.“We know now it’s too high of a hurdle to be directly criticized by Donald Trump” and still become speaker, said Kevin Sheridan, a veteran Republican strategist. Referring to Mr. Johnson, he added, “He seems to have found the right temperature for the porridge so far.”But Jenna Lowenstein, executive director of Informing Democracy, a nonprofit devoted to vote counting and election certification, said she was “very concerned” about Mr. Johnson’s ascent.“As a member of the House, Johnson was willing to use the powers of his office to try to obstruct a fair election and interfere with certification,” she said. “And we have to assume he would do the same with the broader powers of the speakership.”Mr. Johnson has served as vice chairman of the Republican conference and was previously the chair of the conservative Republican Study Committee. He is initially expected to be a more policy-minded leader than Mr. McCarthy, who was best known for his backslapping personality. Mr. McCarthy also objected to certifying the election and visited Mr. Trump in Mar-a-Lago only weeks after the attack on the Capitol, in a trip that was widely seen to restore some legitimacy to the former president.An evangelical Christian, Mr. Johnson has vocally opposed abortion and gay marriage. (During the roll call vote in which he was elected as speaker, Representative Angie Craig, Democrat of Minnesota, pointedly declared, “Happy wedding anniversary to my wife!” to Democratic applause.) Democrats were quick to highlight some of his hard-line stances.Elected to the House in 2016, the same year that Mr. Trump won the presidency, Mr. Johnson, a former constitutional law attorney, will have the least years of House experience of any speaker in many decades. But he is representative of the wave of House Republicans who have served in Washington only since the party was reshaped by Mr. Trump — and who are now a majority of the conference.“If you don’t have a coup on your résumé,” Charlie Sykes, the Trump-tired editor in chief of The Bulwark, wrote in a column about the speakership fight, “don’t bother to apply.” More

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    How the Right’s Purity Tests Are Haunting the House G.O.P.

    When Casey Stengel had the misfortune to be the manager of the historically inept 1962 New York Mets, his famous plaint was, “Can’t anybody here play this game?”The question for House Republicans, mired in a weekslong demonstration of their internal dysfunction, is: Does anybody here want to play this game?It is tempting to interpret the chaos in the House as the function of a dispute between the pro- and anti-Trump elements of the party, but this isn’t quite right: The deposed speaker, Kevin McCarthy, is in no way anti-Trump. Instead, there were pre-existing trends, either represented or augmented by the rise of Donald Trump, that have undermined G.O.P. coherence and made the Republican House practically ungovernable in the current circumstances.The conservative movement has warred against the party establishment since its inception. Conservative heroes like Barry Goldwater, Ronald Reagan and Newt Gingrich rose by arraying themselves against Republican powers-that-be that they considered too timid and moderate.The Tea Party of the 2010s seemingly reflected the same tendency toward greater conservative purity. Yet, it was more populist and more disaffected with the G.O.P., which is why so many of its leaders and organizations lined up so readily behind Donald Trump.On top of this, the two losses to Barack Obama, especially the second one in 2012, convinced many Republican voters that their party was feckless and naïve. Mitt Romney was serious, civic-minded and conscientious, and got absolutely bulldozed by the Obama campaign, which portrayed him as some kind of monster.The thinking of a lot of Republicans after that was, basically, If you portray all our candidates as crude, unethical partisan haters, well, maybe we should give you one.At the same time, the power of the party establishment had atrophied thanks to all sort of factors, from campaign-finance reform to social media, while it still remained a hate object for much of the right. This made the establishment a ready target for Donald Trump in 2016, but ill-suited to fighting back against him.Mr. Trump is a little like Bernie Sanders — a forceful critic of his party’s mainstream who isn’t at his core a member of the party. (Senator Sanders isn’t a registered Democrat, while Mr. Trump became a Republican again after flitting among various affiliations and would surely quit once more if things didn’t go his way.) The difference is that Mr. Trump won the Republican nomination in a hostile takeover, whereas the Democratic Party had the antibodies to resist Mr. Sanders.Even as Mr. Trump was something new in Republican politics, he was also something familiar. Even before his rise, Republicans were much more susceptible than Democrats to nonserious presidential candidates running to increase their profile for media gigs, book sales and the like. Mr. Trump was this type of candidate on a much larger scale, and, again, happened to actually win.One way to look at it is that the very successful model that the commentator Ann Coulter forged in the world of conservative media — generate controversy and never, ever apologize — came to be replicated by candidates and officeholders.Both Vivek Ramaswamy and Matt Gaetz are creatures of politics for the sake of notoriety. It creates entirely different incentives from the traditional approach: Stoking outrage is good, blowing things up is useful, and it never pays to get caught doing the responsible thing.At the congressional level, there was a related, although distinct phenomenon. With the rise of the Tea Party, the tendency of the right flank of the House Republican caucus to make the life of the party leadership miserable became more pronounced. This was especially true in spending fights. The pattern was that the right, associated with the House Freedom Caucus after its founding in 2015, would hold out a standard of impossible purity, and then when leaders inevitability failed to meet it, denounce them as weak and traitorous.There are, of course, legitimate disagreements about tactics and priorities, and the leadership doesn’t always make the right calls. But some of these members consider the legislative process in and of itself corrupt, and refuse to participate even if they can increase the negotiating leverage of their own side or move spending deals marginally in their direction.This was a notable dynamic in the spending fight that led to the toppling of Speaker McCarthy. His fiercest critics did nothing to help keep him from having to resort to the option they found most hateful — namely, going to Democrats for a kick-the-can deal in advance of a government shutdown.Representative Gaetz, the Gavrilo Princip of the Republican meltdown, exemplifies almost all these trends. He is a House Freedom Caucus-type in his attitudes toward the leadership and his rhetoric about federal spending, but his ultimate political loyalty is to Donald Trump. He’s overwhelmingly concerned with garnering media attention. And no one has the power to bring him to heel.There’s no dealing with the likes of Mr. Gaetz because he’s operating on a different dimension from someone like Mr. McCarthy, a pragmatist and coalition-builder who is trying to move the ball incrementally. It’s the difference between politics as theater and politics as the art of the possible; politics as individual brand-building and politics as team sport.In the last Congress, Nancy Pelosi had a slim majority like Mr. McCarthy and a restive handful of members on her left flank, the so-called Squad. Yet she held it together. The difference is that Ms. Pelosi still had considerable legitimacy as a leader, which gave her the moral power to keep everyone together. It is instructive to contrast her not just with Mr. McCarthy, but with the Senate minority leader, Mitch McConnell. Whereas Ms. Pelosi, an institutionalist concerned with getting things done, is a legend among Democrats, Mr. McConnell, also an institutionalist concerned with getting things done, is hated by much of his party’s own base and constantly attacked by the party’s de facto leader, Donald Trump.The situation in the Republican House caucus has now developed into a sort of tribal war, where memories of real or alleged wrongs committed by the other side lead to more conflict and more bad feelings. So, establishmentarians and relative moderates were willing to take down the speaker candidacy of the House Freedom Caucus co-founder Jim Jordan, rejecting his new argument that everyone had to come together for the good of the whole.It may be that exhaustion sets in and Republicans eventually settle on a speaker, or it may be that the problem is unresolvable and they will have to find a way to govern under the speaker pro tempore, Patrick McHenry. Regardless, it’s become obvious over the last three weeks that no, not nearly enough Republicans want to play this game.Rich Lowry is the editor in chief of National Review.The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: letters@nytimes.com.Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram. More

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    The People Who Broke the House

    When it comes to Congress, Americans have come to expect a certain baseline of dysfunction. But I think most of us can agree that the current House Republican majority is something special. Overthrowing a speaker for the first time in history. Rejecting multiple nominees to replace him. Members publicly trashing one another. One faction’s supporters threatening opposing members.And so here we languish, with the government’s most basic functions held hostage by a conference divided over everything from ideological differences to petty personal slights: Candidate X broke his promise! Candidate Y ignores me! Candidate Z never votes for my bills! It’s like watching a pack of middle-schoolers hopped up on hormones and Skittles.To help make sense of this dark farce, it is useful to dig into the warring factions that have already destroyed the speaker dreams of multiple colleagues. Boiling down the action so far: A tiny gaggle of eight Republicans, mostly hard-right extremists, took down Kevin McCarthy. Then a larger group of hard-liners quashed the candidacy of Steve Scalise, the majority leader, before it even came up for a floor vote, with an eye toward elevating one of their own, the chronically belligerent Jim Jordan. But a coalition of moderates, institutionalists and members who just can’t stomach Mr. Jordan struck back, voting him down again and again and again — and again, if you count Friday’s closed-conference ballot effectively stripping him of the nomination.The Republicans Who Blocked Jordan and McCarthy From the SpeakershipAcross four votes in the House, both conservative and moderate Republican holdouts ousted Kevin McCarthy and denied Jim Jordan the speaker’s gavel. The colored dots show where those holdouts fall on the ideological spectrum, based on their voting records. More

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    Republicans Grapple With Being Speakerless, but Effectively Leaderless, Too

    With a speaker fight in the House, concerns about an aging Senate leader and a 2024 front-runner who has the party in a vise grip, some G.O.P. members worry the turmoil could have long-term effects.Kevin McCarthy, the ousted speaker, was making his way through the Capitol when reporters asked what he thought of the chaos consuming House Republicans, who for nearly three weeks have been trying and failing to replace him.His answer veered into the existential. “We are,” he said on Friday, “in a very bad place right now.”That might be an understatement.In the House, Republicans are casting about for a new leader, mired in an internecine battle marked by screaming, cursing and a fresh flood of candidates. In the Senate, their party is led by Senator Mitch McConnell, who spent weeks arguing that he remained physically and mentally fit enough for the position after freezing midsentence in two public appearances. And on the 2024 campaign trail, the dominant front-runner, Donald J. Trump, faces 91 felony charges across four cases, creating a drumbeat of legal news that often overwhelms any of his party’s political messages.As national Democrats largely stand behind President Biden and his agenda — more united than in years — Republicans are divided, directionless and effectively leaderless.For years, Mr. Trump has domineered Republican politics, with a reach that could end careers, create new political stars and upend the party’s long-held ideology on issues like trade, China and federal spending. He remains the party’s nominal leader, capturing a majority of G.O.P. voters in national polling and holding a double-digit lead in early voting states.And yet his commanding position has turned Republicans into a party of one, demanding absolute loyalty to Mr. Trump and his personal feuds and pet causes, such as his false claims that the 2020 election was stolen. The result is an endless loop of chaos that even some Republicans say once again threatens to define the party’s brand heading into an election in which Republicans — after struggling to meet the basic responsibilities of governing the House of Representatives — will ask voters to also put them in charge of the Senate and the White House.“This looks like a group of 11th graders trying to pick the junior class president, and it will hurt our party long term,” said former Gov. Chris Christie of New Jersey, who is challenging Mr. Trump for the party nomination. “It’s going to be very hard to make the case that the American people should turn over control of the government to Republicans when you can’t even elect a speaker.”In recent months, the former president has focused more on his own legal peril than on his party. Flouting pressure from the Republican National Committee, Mr. Trump has largely opted out of some of the party’s biggest moments. He skipped the first two Republican primary debates for his own events and plans to skip the third, forgoing a chance to present his party’s message to an audience of millions.And he has largely taken a hands-off approach to the fight over the House speakership. Nine months ago, he helped install Mr. McCarthy as speaker. But he did not come to Mr. McCarthy’s rescue this fall when Representative Matt Gaetz led the charge to oust him. He then endorsed Representative Jim Jordan, who has failed to win enough support.Political parties out of power typically lack a strong leader. In 2016, Mr. Trump’s election plunged Democrats into years of ideological battles between a restive liberal wing and a more moderate establishment. But what’s less typical — and perhaps more politically damaging, some Republicans said — is the drawn-out, televised turmoil putting the internal dysfunction on public display.“It’s kind of a captainless pirate ship right now — a Black Pearl with no Jack Sparrow,” said Ralph Reed, a prominent social conservative leader, who argued that the issues would eventually be resolved. “But on the bright side, we will have a speaker at some point.”“These Republicans are complete idiots,” Ann Coulter, the conservative commentator, said on a radio program last week.Mr. McConnell all but threw up his hands in interviews on the Sunday talk shows. “It’s a problem,” he said on “Face the Nation” on CBS. “We’re going to do our job and hope the House can get functional here sometime soon.”And The Wall Street Journal editorial board, long a bastion of establishment Republican thought, wrote more than a week into the drama: “As the current mess in choosing another House Speaker shows, never underestimate the ability of Republicans to commit electoral suicide.”Most frustrating to some Republicans is the fact that the messy battle is largely symbolic. Democrats control the Senate and the White House, meaning that whoever becomes speaker has little chance of making their agenda into law.Still, there could be real-world political implications. As Republicans battled one another, Mr. Biden focused on an actual war. He spent much of last week building support for Israel, with a wartime visit and an Oval Office prime-time appeal for $105 billion in aid to help Israel and Ukraine — funds that face an uncertain future in a House frozen by infighting.It’s a split screen Democrats are more than happy to highlight.“The president of the United States, a Democrat, gave the strongest pro-Israel speech, at least since Harry Truman, maybe in American history,” said Representative Jake Auchincloss, a moderate Democrat from Massachusetts. “The division is on the Republican side of the aisle, where they are so fractured they can’t even elect a leader of their conference.”Mike DuHaime, a veteran Republican strategist who is advising Mr. Christie, said the inability to pick a speaker was a “new low” for Republican governance. “If you don’t have the presidency there is no clear leader of the party,” he said. “That’s natural. What’s unnatural here is that we can’t run our own caucus.”But others say that Mr. Trump, along with social media and conservative media, has turned the very incentive structure of the party upside down. With a broad swath of the conservative base firmly behind the former president, there may be little political cost in causing chaos. The eight Republicans who voted to oust Mr. McCarthy, for example, are likely to face no backlash for plunging the party into disarray. As their message is amplified across conservative media, they’re more likely to see their political stars rise, with a boost in fund-raising and attention.“What’s happening is you have people who don’t want to be led, but also want to engineer a situation where they can be betrayed and use that to rail against leadership,” said Liam Donovan, a Republican strategist and former National Republican Senatorial Committee aide.Some Republicans doubt the incident will have a lasting impact. In the summer, the party will pick a nominee at its national convention, and that person will become Republicans’ new standard-bearer.Nicole McCleskey, a Republican pollster, said the messy dust-up in the House would be forgotten by next November’s elections, washed away as just another moment of broken government amid near-record lows for voters’ trust in Congress.“People are used to Washington dysfunction, and this is just another episode,” she said. “It’s Republicans and Democrats, and they’re all dysfunctional. For voters, it’s just further evidence that Washington can’t address their problems.” More