U.S. House Speaker Mike Johnson looks set to push forward this weekend on a $95 billion aid bill for Kyiv, Israel and other allies, despite a firestorm of protest from hardline Republicans that could lead to an attempt to oust him. His performance, six months after the 52-year-old Louisiana Republican acquired the speaker's gavel, has won him accolades from centrist Republicans who worry that party infighting could erode U.S. status on the world stage. Johnson was elected speaker after a small band of hardline Republicans ousted his predecessor, Kevin McCarthy, a move that brought the House of Representatives to a halt for weeks.
It was hardly unexpected, but Israel's missile strike on Iran on Friday confirms fears of a dangerous series of tit-for-tat retaliation ahead between the Middle East powers that is likely to seed weeks of uncertainty for world markets too. Against that backdrop, the reaction of oil prices, global stocks and traditional safety trades so far on Friday has been relatively modest.
It was like a human field of tulips, and Yvette Walker loved it.