Sessions's TARP vote could haunt him

Sessions's TARP vote could haunt him
© Getty Images

Rep. Pete Sessions (R-Texas), who is touting himself as the conservative pick to replace Rep. Eric CantorEric Ivan CantorPelosi warns GOP: Next president could declare national emergency on guns Ousted GOP lawmaker David Brat named dean at Liberty University business school Trump, GOP seek to shift blame for shutdown to Pelosi MORE (R-Va.) as House majority leader, voted in favor of the “TARP” bill that bailed out the financial sector.

The vote could dog Sessions, who is campaigning to win the No. 2 spot among House Republicans against Rep. Kevin McCarthyKevin Owen McCarthySteve King asks for Congressional Record correction over white supremacist quote Steve King urges supporters to pray for his committee assignments to be restored: report Congress allows Violence Against Women Act to lapse MORE (R-Calif.), the majority whip.

ADVERTISEMENT

McCarthy is widely seen as the favorite among establishment Republicans, but he voted against the Troubled Asset Relief Program that is widely despised in conservative circles.

Sessions is casting himself as a conservative pick in the House majority leader’s race, especially on immigration.

But he voted for TARP twice, first when it came up on the House floor and failed and then days later when it returned and was ultimately passed.

McCarthy voted against it both times.

The financial rescue package has long been a sore spot for conservatives, and in many ways laid the seeds for the upstart Tea Party movement. Dave Brat, the economics professor that ousted Cantor in Tuesday’s primary, criticized Cantor for backing the TARP.

The fight to replace Cantor is a two-man race between McCarthy and Sessions after House Financial Services Committee Chairman Jeb Hensarling (R-Texas) announced Thursday he would not pursue the post.

Several prominent conservative pundits have already criticized McCarthy as a potential leader.