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-0.000201007049345336 -0.000362537764350467 -0.000805639476334295 -0.00130916414904326 -0.00128902316213492 -0.00203423967774419 -0.00692849949647532 -0.00692849949647532
Stock impact report

Republican Mike Gallagher to leave US House in April [Reuters]

Arthur J. Gallagher & Co. (AJG) 
Last arthur j. gallagher & co. earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.ajg.com/investor-overview
Company Research Source: Reuters
Gallagher, who chairs the House of Representatives Select Committee on the Chinese Communist Party, had already said he would not be running for re-election in November. But his decision to leave Congress early means the seat will be vacant for a time before the next election. The Republicans currently hold a 219-213 House majority. However, Republican Representative Ken Buck is due to step down on Friday. When Gallagher steps down, that will narrow the majority further to 217-213, meaning that Speaker Mike Johnson can only afford to lose one vote in order to pass legislation if Democrats remain united in opposition. "I've worked closely with House Republican leadership on this timeline and look forward to seeing Speaker Johnson appoint a new chair to carry out the important mission of the Select Committee on the Chinese Communist Party," Gallagher said in a statement. The fractious Republican majority has proven difficult to manage , and Johnson has repeatedly relied on Demo Show less Read more
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