Jim Jordan beat Steve Scalise 106-73 in a secret ballot to lead a historically small Republican conference into the minority — with Democrats set to run the House in January and a long list of Trump investigations ahead.
Rep. Jim Jordan elected next House Republican leader after midterms blowout | Jordan Defeats Scalise for House GOP Leadership
ELECTIONS & CONGRESS
THUNE KEEPS SENATE GOP LEADERSHIP AFTER TENSE DAY OF RECKONING — Unopposed and reelected by acclamation after three closed-door meetings; a bid to delay the vote failed 31-15, Ron Johnson walked out as voting began, and Thune will lead a minority of no more than 46.
MISSISSIPPI’S DEADLINE DAY: MAIL BALLOTS DUE AS COLOM LEADS BY ABOUT 2,700 — Today is the last day for postmarked mail ballots to arrive, with Colom leading Hyde-Smith by roughly 2,700 at 99% counted and certification due Friday; in Alaska, Peltola leads Sullivan by about 2,500, with ranked-choice tabulation set for November 18.
JEFFRIES POISED TO BECOME THE FIRST BLACK SPEAKER AS DEMOCRATS PICK LEADERS NEXT WEEK — Democrats hold their leadership elections next week, with Jeffries expected to take the gavel and Katherine Clark expected to become the first woman majority leader.
HEGSETH IMPEACHMENT VOTE TONIGHT AT 5:30 — The House votes this evening on a procedural motion to kill or advance Massie’s eight articles; Johnson says the tabling vote “is not going to fail,” but with a 218-214 majority, a handful of defections could keep it alive.
SCALISE’S LOSS GUTS LOUISIANA’S POWER IN THE HOUSE — With Johnson returning to the rank and file and Scalise beaten, Louisiana holds no House Republican leadership post in the next Congress — and New Orleans Democrat Troy Carter could be the state’s only member in the majority.
BUSINESS & YOUR MONEY
STOCKS CLOSE LOWER AS DECEMBER HIKE ODDS HIT 100% — The S&P 500 fell 0.38% to 7,520.93, the Nasdaq 0.74% and the Dow 0.30%; a December hike is now fully priced, with Dallas Fed chief Logan saying the Fed may need to move faster than a quarter point.
10-YEAR YIELD NEARS 5% AS BOND SELLOFF DEEPENS — The 2-year yield jumped 19 basis points to 4.74%, its biggest one-day rise in two years, while the 10-year pushed to 4.99% as traders priced the hot CPI and a bigger December move.
OIL EASES TO TWO-MONTH LOWS AS IRAN STRIKE FEARS FADE — Brent settled at $92.57 Monday, down 5.85%, as markets discounted renewed Iran strikes — but the Hormuz blockade stays, so the drop prices lower escalation risk, not restored supply.
QUICK HITS
JIM JORDAN TO BECOME TOP REPUBLICAN IN US HOUSE
HOUSE REPUBLICANS PICK JIM JORDAN TO LEAD THEIR INCOMING MINORITY
HOUSE GOP ELECTS JIM JORDAN AS NEW LEADER AS THE PARTY LOOKS TO REBUILD FROM MIDTERMS
FEDERAL GOVERNMENT
TRUMP: NO AMNESTY, POLICY UNCHANGED — A day after telling 60 Minutes deportations “might be too tough,” Trump said “there won’t be amnesty” and his policy hasn’t changed; DHS chief Mullin said DACA’s fate is up to Congress.
RUBIO: NO IRAN BREAKTHROUGH, PRESSURE STAYS — At the G7 in Paris, Rubio told allies the U.S. will keep severe economic pressure on Tehran; Canada reimposed sanctions on 11 Iranian entities while the Hormuz blockade grinds oil flows to 4.9 million barrels a day.
NVIDIA: SUBPOENA THREAT AS SHARES ERASE 2026 GAINS — House Foreign Affairs chairman Mast will subpoena Huang unless he answers by Wednesday; Nvidia hired ex-prosecutor Joon H. Kim for its probe, and the stock fell 5.47% Tuesday, wiping out its gains for the year.
SENATE ADVANCES PERMITTING BILL 73-25 — Capito’s 494-page bill to speed energy permits and limit NEPA lawsuits cleared cloture with 21 Democrats; a final vote likely comes next week, and Trump says he won’t approve wind turbines in any deal.
TRUMP: IRAN WAR COULD END “FAIRLY SOON” — The president played down new strikes after Gulf appeals, saying the war could wind down soon — though Rubio cautions no breakthrough is imminent and Tehran calls talks “imaginary.”
HEGSETH PLEADS FOR $1.5 TRILLION PENTAGON BUDGET — Amid the impeachment fight, Hegseth used his first briefing in six months to press Congress for the Pentagon’s record budget request, which lawmakers have signaled won’t pass even under Republican control.
BUSINESS & YOUR MONEY
HOUSING FREEZE PUSHES BUYERS TO RENT: DEMAND UP 22% — Rental demand per listing jumped 22% in October as pending sales fell 10.5% and contract signings hit a record low; with 30-year mortgages above 7%, sellers locked in below 4% are waiting rather than cutting prices.
GOLD FALLS 2%, BITCOIN SLIPS BELOW $74,000 AFTER HOT CPI — Bitcoin dropped to about $73,600, its lowest in months, and spot gold fell to around $4,054 an ounce as yields and the dollar jumped on the hotter inflation print.
QUICK HITS
REP. HIMES: CONGRESS WAS NEVER BRIEFED ON HUANG UNTIL YESTERDAY
CONGRESS SUMMONS NVIDIA CEO JENSEN HUANG IN LEADERSHIP INQUIRY
JENSEN HUANG ALLEGED CHINESE SPY AFFAIR EXPLAINED
GEOPOLITICS
UKRAINE TALKS OPEN IN ABU DHABI — FIRST IN NINE MONTHS — The first trilateral session since February ran about four hours, with Rubio calling it productive; talks resume Wednesday, but Moscow still demands the Donbas and Kyiv refuses to cede land it holds.
PARAGUAY CHASES UENO MONEY ABROAD — U.S., LUXEMBOURG, ARGENTINA ASKED TO HELP — Prosecutors asked three countries to locate and secure assets from the ueno collapse; the DOJ offered to help, $168 million has reached 1.2 million savers, and Itaipú’s $182.5 million sits far above the guarantee cap.
POPE DRAWS 650,000 IN CÓRDOBA; YOUTH VIGIL TONIGHT IN BUENOS AIRES — Leo XIV’s Córdoba Mass filled the Military Aviation School grounds, where he held up Argentina’s saints; tonight he leads a youth vigil for about 200,000 registered young people before Luján and Peru.
U.S. SOLDIER ARRESTED IN BRITAIN ON RUSSIA SPY CHARGES — A 41-year-old senior soldier assigned to a NATO corps was arrested near Gloucester under the National Security Act; the FBI’s Patel called it espionage and cited 167 counterintelligence arrests in 21 months.
TRUMP HOLDS OFF IRAN STRIKES, KEEPS HORMUZ BLOCKADE — After appeals from Qatar, Saudi Arabia, the UAE, Bahrain and Kuwait, Trump paused new strikes — but the naval blockade stays, tanker attacks run at their highest rate since the war began, and Iran wants sanctions lifted first.
KUSHNER: PUTIN OPEN TO PEACE “UNDER THE RIGHT CONDITIONS” — The U.S. envoy said Moscow showed “a little bit of flexibility, privately,” on territory — the first hint of movement as the Abu Dhabi round opened, though no breakthrough was announced.
BUSINESS & YOUR MONEY
KOSPI: FOREIGN BUYERS RETURN AFTER SEVEN SESSIONS OF SELLING — Seoul’s index jumped 4.39% to 5,239.13 as foreigners bought 407 billion won of shares; Samsung rose 4.9% and SK hynix 6.95%, and the won strengthened.
KOREAN AIR SOARS 11.5% AS OIL FALLS — Airlines were the day’s other winners in Seoul, with Korean Air up 11.5% and Asiana 11.68% as cheaper fuel met the chip rally.
QUICK HITS
ARGENTINA HITS THE ROAD TO SEE POPE LEO XIV: PACKED BUSES AND TIGHT SECURITY
YOUNG PEOPLE SHOW POPE A “TRADITIONAL MASS” BANNER IN BUENOS AIRES
SEOUL SHARES SOAR OVER 4 PCT TO SNAP 3-DAY SLIDE ON TECH RALLY, OIL PRICES FALL
KOSPI JUMPS 4.4% AS SAMSUNG, SK HYNIX RALLY AND OIL PRICES FALL
SPORTS
FLAGG MAKES MORE HISTORY IN 43-POINT NIGHT — The 19-year-old poured in 43 as Dallas beat Indiana 125-122 — the second teenager ever with a 40-10-5 game, after Kevin Durant — and passed Carmelo Anthony for third-most points by a teenager.
WARRIORS CRUSH PELICANS 138-87, WIN 8TH STRAIGHT — Golden State capped a 6-0 homestand and became the first team ever to start 0-3 and then win eight in a row; Curry, Podziemski and Lendeborg combined for 73.
NOTRE DAME KNOCKS OFF NO. 1 MIAMI 31–24 — The Irish jumped out 24–3 behind three CJ Carr touchdown passes and held off a late Hurricanes rally, leaving just Utah and UCLA unbeaten.
OREGON STUNS OHIO STATE 41–28 — UPSET OF THE WEEK — Unranked Oregon, a 7.5-point underdog, scored 38 unanswered points in Columbus; Week 10 produced 18 upsets, tied for the most of any week this season.
GIANTS END 13-GAME LOSING STREAK IN PHILLY — Jameis Winston came off the bench to throw the go-ahead touchdown in a 19–11 win over the Eagles, the Giants’ first in Philadelphia in 13 tries.
COLLEGE HOOPS: INDIANA EDGES SYRACUSE, MISSOURI FRESHMAN SETS RECORD — Indiana beat Syracuse 83-80 on Monday night, Missouri freshman Jason Crowe Jr. set a school freshman record with 34 points, and No. 4 UConn rolled Wagner 83-41.
TRAVEL
KYOTO IN NOVEMBER: MAPLES, YOKAI AND PLUM WINE — The summer crowds have thinned and the city bursts red and gold; the Yokai Festival’s Night Parade of One Hundred Demons runs through November 29 and the Umeshu Festa pours 100 kinds of plum wine November 21–24.
GOA HERITAGE FESTIVAL RETURNS WITH 47 WALKS — The third edition runs November 14 to December 6, with local researchers as “Pilots” leading walks through river islands, khazans, beaches and hill trails — plus petroglyphs, Kaavi art and a full-moon walk through Panaji.
BERGEN FESTIVAL OF LIGHTS LIGHTS UP NORWAY NOV. 14 — The free celebration brings music, Christmas tree lighting and fireworks over Lille Lungegårdsvann, kicking off Bergen’s winter season for locals and visitors alike.
ASSAM’S FOLKTEA FESTIVAL: TEA, FOLK AND HILLS — India’s only open-air folk festival set in tea gardens returns November 28–29 at Hatipoti Tea Estate, with folk ensembles, local games and performances against a backdrop of tea country.
FOOD
THE THREE SISTERS: CORN, BEANS AND SQUASH FOR NATIVE AMERICAN HERITAGE MONTH — Colorado’s recipe of the month celebrates the companion-planting trio with a Ute Mountain Ute cornmeal polenta, garlic-herb black-eyed peas and caramelized butternut squash.
COWBOY BEEF STEW: A TASTE OF THE FRONTIER — Born on the 19th-century cattle trails, when the chuck wagon’s “Cookie” turned tough beef and root vegetables into a meal that sustained the drovers — still a beloved cold-weather staple.
GRANDMA’S SOUP, WORTH GETTING GIDDY OVER — A vegetable-beef soup learned from Grandma Onie — ground beef only, tomato pulp and cabbage, never drained — that the family ate at least once a week all winter long.
COWBOY CHICKEN & RICE CASSEROLE FOR A COLD NOVEMBER NIGHT — An old-fashioned church-supper casserole — chicken, rice and cream soups, baked until bubbly — built for feeding a family on a cool evening.
CHEESESTEAK QUESADILLAS FROM THE FLAT IRON — A rancher’s beautifully marbled flat iron steak, seared quick and folded into quesadillas with peppers and cheese — the kind of find that makes a harvest fair worth the trip.
AI HACKERS ARE OUTRUNNING THE DEFENSES — AND THE CHIP KING FACES A SUBPOENA — Reported software flaws nearly tripled to about 37,000 in the third quarter, and researchers recreated the supermarket-fridge hacks with AI tools for $6 in 28 minutes — while Ahold Delhaize, which runs Stop & Shop and Giant in the U.S., has now been hit twice. The same day, House Republicans threatened to subpoena Nvidia’s Jensen Huang, and the stock erased its 2026 gains. The backlash now runs on two fronts at once: the technology’s misuse, and the industry’s own security — and the market is pricing them separately, chips up, Nvidia down.
WORKERS’ HEALTH BILLS JUMPED 9% — AND 2027 LOOKS WORSE — KFF’s survey puts the average family premium at $28,303, up 5% — but the worker’s share jumped 9% to $7,471, $621 more in a year when wages grew 3.7%, and 44% of large employers raised what workers pay. Forecasts put 2027 increases at 8% to 11%, the steepest in two decades, landing just as ACA open enrollment runs without the enhanced credits. The thread’s question, sharpened: who absorbs the next increase — the paycheck, or the rolls?
TRUMP’S “TOO TOUGH” OPENING LASTED A DAY: NO AMNESTY — A day after telling 60 Minutes that deportations “might be too tough” and a deal with Democrats was “doable,” Trump said his policy “hasn’t changed” and “there won’t be amnesty,” while DHS chief Mullin handed DACA’s fate to Congress. The opening Democrats heard on Sunday closed on Monday — and the fight now is whether Congress writes the deal the president won’t. The thread’s running point, restated: the immigration fight is run from the West Wing’s top office, and investigated from the House’s top committee.
THE FREEZE PUSHES BUYERS INTO RENTING: DEMAND UP 22% — With 30-year mortgages above 7%, pending sales fell 10.5% year over year and contract signings dropped 17% — the lowest October on record — while Zillow rental demand per listing jumped 22%. Sellers aren’t panicking; locked in below 4%, they’re waiting. The thread’s question flips again: the shortage was supposed to be supply — what if it’s demand that never shows up?
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