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INVESTING

Speaker McCarthy faces triangle of troubles

Speaker of the House of Representatives, Kevin McCarthy, is facing a triple challenge to his leadership from both sides of the aisle.

On the Republican side, there is strong criticism of McCarthy from President Donald Trump’s base, who don’t feel that he is doing enough to support the President. Secondly, President Trump has frequently lashed out at McCarthy over the past few months, both on Twitter and in media appearances, criticizing his role in the government shutdown and questioning McCarthy’s intelligence. Finally, McCarthy faces pressure from the Democratic leadership, which is pushing for newer, more progressive policies on issues such as immigration, healthcare, and a range of other areas.

McCarthy has sought to bridge the gap between the two sides in the past by working with Democrats on initiatives such as the criminal justice reform bill, and he recently proposed a plan for border security that received support from both sides. However, this may not be enough to placate either side in the long run. It remains to be seen whether McCarthy can successfully navigate the triangle of troubles he is currently facing.