House Republicans nominated Rep. Paul Ryan on Wednesday to serve as speaker of the House. Ryan, a Wisconsin Republican, is expected to be elected to the post in a vote of the full House on Thursday. The 45-year-old Ryan currently leads the House Ways and Means Committee and was Mitt Romney’s vice-presidential running mate in the 2012 election. Ryan would replace outgoing Speaker John Boehner. Ryan got 200 votes Wednesday but will need 218 on the House floor.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News