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Sen. Cory Gardner on vacant Supreme Court seat: "I will vote to confirm"

Sen. Cory Gardner (R-Colo.) will vote to confirm President Trump's nominee to replace the late Ruth Bader Ginsburg, he announced in a statement Monday.

Why it matters: The development is a win for President Trump and Senate Majority Leader Mitch McConnell (R-Ky.). It should mean Republicans are all but assured to have enough support to hold hearings for Trump's potential nominee.


  • With Gardner's statement, it appeared as though Senate Republicans had the votes to approve Trump's nominee, barring any major complications."
  • Gardner's position on the issue was under heightened scrutiny as he faces a tough reelection bid in Colorado this November.

Where it stands: Two Republican Senators — Sens. Lisa Murkowski (R-Alaska) and Susan Collins (R-Maine) — have said that they do not support rushing through a confirmation vote before November.

  • Two more defections would likely force Senate Majority Leader Mitch McConnell (R-Ky.) to resort to holding a vote in the lame-duck session, which neither Murkowski nor Collins have addressed.

What he's saying: "When a president exercises constitutional authority to name a judge for the Supreme Court vacancy, the Senate must decide how to best fulfill its constitutional duty of advice and consent," Gardner wrote.

  • "I have and will continue to support judicial nominees who will protect our Constitution, not legislate from the bench, and uphold the law. Should a qualified nominee who fits this criteria be put forward, I will vote to confirm."

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Behind the scenes of Teneo CEO Declan Kelly’s resignation

Declan Kelly is out as CEO of corporate advisory firm Teneo, more than a month after being accused of drunkenly groping women at a charity event.

Why it matters: Kelly, a former Clinton aide and noted philanthropist, has turned Teneo into one of the most influential corporate PR players, with its clients often appearing in this space. It's also been on an acquisition spree since being acquired by CVC Capital Partners, whose lead partner on the deal is also chair of the nonprofit whose event Kelly desecrated.

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The SPAC boom is starting to crack

The SPAC boom is beginning to show its first cracks, as several private equity-sponsored efforts have needed to downsize.

Driving the news: Cerberus yesterday shrunk the anticipated IPO for its telecom-focused SPAC from $400 million to $300 million.

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