Jeffries Announces Bid for House Speaker in Letter to Democrats

Cointime update: US House Democratic Leader Hakeem Jeffries formally announced his candidacy for the next Speaker of the House in a letter to Democratic lawmakers on Wednesday, November 5. Jeffries said he hopes to secure colleagues’ support and that Democrats must push for the major changes Americans are demanding once they retake the chamber. If elected, he would become the first African American Speaker in US history.