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"It's clear that we need to make a change": GOP to vote on ousting Liz Cheney this week

House Republicans will vote on recalling Rep. Liz Cheney (R-Wyo.) as conference chair this Wednesday, House Minority Leader Kevin McCarthy announced in a letter Monday, Punchbowl News reported.

Why it matters: Cheney, the No. 3 House Republican, has faced increasing backlash from McCarthy and her Republican colleagues as she continues to criticize former President Trump and his baseless claims of election fraud.


What he's saying: "[T]hese internal conflicts need to be resolved so as to not detract from the efforts of our collective team," McCarthy wrote. "Having heard from so many of you in recent days, it's clear that we need to make a change."

  • "[O]ur leadership team cannot afford to be distracted from the important work we were elected to do and the shared goals we hope to achieve. The stakes are too high to come up short."

The other side: Cheney wrote in a Washington Post op-ed last week that the GOP is at a "turning point" and must decide whether it's going to "choose truth and fidelity to the Constitution."

  • She called out McCarthy's reversal after he commented in January that "the president bears responsibility" for the Capitol insurrection.
  • Rep. Jim Banks (R-Ind.), who chairs the Republican Study Committee, said that Cheney's continued criticisms of Trump are "an unwelcome distraction."
  • McCarthy said in his letter that "each day spent relitigating the past is one day less we have to seize the future.

The big picture: Cheney was one of 10 House Republicans who voted to impeach Trump, and has not shied away from condemning his claims of election fraud.

  • Though McCarthy said publicly the House GOP has "no concern" about her vote, he was caught on a hot mic saying, "I think she's got real problems."
  • Sen. Joni Ernst (R-Iowa), the only other woman in elected GOP leadership, defended Cheney last Wednesday but called for party unity.
  • Sen. Mitt Romney (R-Utah) said Monday ousting Cheney would cost Republicans "quite a few" votes.

Editor's note: This story has been corrected to reflect that Rep. Jim Banks (R-Ind.) said Cheney's comments were "an unwelcome distraction."

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Derek Chauvin sentenced to 22.5 years in prison for murder of George Floyd

Former Minneapolis police officer Derek Chauvin was sentenced to 22.5 years in prison on Friday by a Minnesota judge for the murder of George Floyd.

State of play: The sentence from Judge Peter Cahill is about in line with what most legal experts expected. Prosecutors had asked for 30 years.

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The stock market had its worst day in months, but no one is quite sure why

Data: FactSet; Chart: Axios Visuals

The Nasdaq fell 5% on Thursday, its worst decline since March, and the S&P 500 had its worst session since June, but no one was quite sure why.

What happened: Fund managers and strategists posited that profit taking or rebalancing was to blame as no fundamental drivers for the sell-off were apparent and it remains unclear whether Thursday was a fluke or the beginning of retrenchment from what most Wall Street analysts viewed as an overextended market.

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