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Divine Intervention? House Speaker Boehner Resigns From Congress

It appears the combination of another debt limit fight and government shutdown tearing his party apart along with the final arrival of a pope (after 3 tries), aides have reported that...

  • *BOEHNER TO RESIGN FROM CONGRESS, GIVE UP HOUSE SEAT IN OCT: NYT
This surely makes government shutdown more likely and, perhaps more importantly, with Yellen blaming Congress for not hiking, this just raises the level of uncertainty.

 Speaker John A. Boehner will resign from Congress and give up his House seat at the end of October, according to aides in his office.

Mr. Boehner was under extreme pressure from the right wing of his conference over whether or not to defund Planned Parenthood in a bill to keep the government open.

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With Boehner gone, the debt ceiling vote just got a lot trickier for the White House and Wall Street. A LOT TRICKIER.

— Damian Paletta (@damianpaletta)