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Top U.S. Republican Ryan Distances Himself from Trump White House Bid

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Paul Ryan, the top Republican in the U.S. Congress, took the extraordinary step on Monday of distancing himself from Donald Trump, stirring a backlash from some lawmakers and deepening a crisis over his party’s struggling presidential nominee.

In a conference call with congressional Republicans, Ryan all but conceded that Democrat Hillary Clinton was likely to win the White House on Nov. 8 and said he would put his full energy into preserving Republican majorities in Congress so as not to give her a “blank check.”

Ryan, the speaker of the House of Representatives, said he would not defend Trump or campaign for him after the uproar over the New York businessman’s sexually aggressive comments that surfaced on Friday.

Reuters

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Former Craig

Former Craig

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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