House Republicans Turn Focus to Spending, China After Dramatic Speaker Vote

The House will dive into its first week of substantive work with bills to cut Internal Revenue Service funding and investigate economic competition from China, after a leadership election that underscored Republican divides and the fragile position of Speaker Kevin McCarthy (R., Calif.).
Mr. McCarthy prevailed in his quest to be speaker of the Republican-controlled House shortly after midnight on Saturday. A small group of Republican holdouts had blocked him on 14 earlier ballots last week, turning a usually perfunctory process into a dayslong drama that previewed the potential for months of turmoil on spending issues...