Hensarling to pass on leadership bid

Hensarling to pass on leadership bid
© Anne Wernikoff

Conservative Rep. Jeb Hensarling (R-Texas), chairman of the powerful Financial Services Committee, won't run for leadership, a senior GOP source said Monday.

Hensarling will pass on a bid for both Speaker and majority leader following Ohio Republican John BoehnerJohn Andrew BoehnerThe two-party system is dying — let’s put it out of its misery One year later, neither party can get past last year's election White House strikes back at Bushes over legacy MORE's surprise announcement Friday that he would relinquish the Speaker's gavel and step down from Congress on Oct. 30.

He will instead back a fellow conservative, Budget Chairman Tom Price (R-Ga.) in the race for majority leader, the No. 2 job, according to a senior GOP lawmaker who received a call from Hensarling over the weekend.

A Hensarling spokeswoman had no comment. But Hensarling passed on a leadership bid as recently as last year, ultimately deciding not to challenge Rep. Kevin McCarthy (R-Calif.) in the race for the No. 2 job after then-Majority Leader Eric CantorEric CantorTop Lobbyists 2017: Hired Guns GOP Rep. Jeb Hensarling to retire after end of current term A tyranny of the minority is raising your health care costs MORE (R-Va.) was ousted from office in his GOP primary.

Hensarling's decision makes next month's majority leader race a three-way contest between Price, Majority Whip Steve Scalise (R-La.) and GOP Conference Chairwoman Cathy McMorris RodgersCathy McMorris RodgersDemocrats expand House map after election victories The Hill's Whip List: Where Republicans stand on tax-reform bill Overnight Regulation: Trump pick for USDA job withdraws amid Mueller scrutiny | Powell tapped for Fed | Female GOP lawmakers offer paid leave plan | Feds launch program for drone deliveries MORE (R-Wash.), the only woman running so far for a top-tier leadership post.
 
Current Majority Leader Kevin McCarthy (R-Calif.) is the heavy favorite over Rep. Daniel Webster (R-Fla.) in the race to replace John BoehnerJohn Andrew BoehnerThe two-party system is dying — let’s put it out of its misery One year later, neither party can get past last year's election White House strikes back at Bushes over legacy MORE.