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Business-Friendly McCarthy Rises To GOP House Leadership

By Brian Mahoney (June 19, 2014, 7:49 PM EDT) -- House Republicans on Thursday elected Rep. Kevin McCarthy, R-California, as their new majority leader, installing a conservative who's friendly with Silicon Valley and who has generally supported economic initiatives opposed by the party's hardline wing, such as the lifting of the debt ceiling and the reauthorization of the Export-Import Bank of the United States....

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