Kevin McCarthy Departs

Punchbowl News: “Former Speaker Kevin McCarthy’s last day in Congress was Sunday. There are now 220 Republicans in the House, 213 Democrats and two vacancies. The California Republican was the third shortest-serving speaker of the House in U.S. history, holding the gavel for just 270 days.”

“McCarthy has a ton of political cash that he can spend on practically anything besides directly enriching himself. His Majority Committee PAC, or MC PAC, has $4 million on hand, while his reelection campaign committee – McCarthy for Congress – has $10.6 million. McCarthy may have to give some money back to donors but expect this kitty will help fund his political operation going forward.”