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FT News Briefing

US House Speaker: Fourth time's the charm

Oct 26, 2023
12:04
Snipd AI
Mike Johnson, a loyal ally of Donald Trump, has been elected Speaker of the House of Representatives. The podcast also discusses foreign investment in America's offshore wind industry and the significance of a transformational project in the United States.
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Podcast summary created with Snipd AI

Quick takeaways

  • Mike Johnson, a loyal ally of Donald Trump, has been elected Speaker of the House of Representatives after weeks of gridlock.
  • The US is encouraging foreign investment in green technology, with the example of the Port of Albany creating a factory for manufacturing tall towers used in offshore wind farms.

Deep dives

Republicans elect new House speaker

After weeks of gridlock, House Republicans have finally elected Congressman Mike Johnson as the new House speaker. Johnson, a vocal supporter of Donald Trump's efforts to overturn the 2020 presidential election, now faces a long to-do list in his new role, including dealing with national security matters and avoiding a government shutdown next month.

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