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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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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.
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