The Wisconsin businessman is going up against House Speaker Paul Ryan next week.
The speaker of the House announced Friday he will resign from Congress after more than 20 years on the job.
Why Is John Boehner Resigning? After Pope Speech, Tea Party Battles, House Speaker Looks Toward Retirement
His own members have chafed at his leadership and his failure to fight for a variety of Republican issues, from Obamacare to Benghazi.
Many bettors are also putting their money on U.S. Sen. Marco Rubio, who reportedly is inching toward a campaign.
Meanwhile, Sen. Chris Coons, D-Del., says it was House Speaker John Boehner's fault Congress was so dysfunctional the past two years.
Moderate and tea party Republicans wanted to win the midterms. They don't agree on much else -- and their divisions are showing.
“All of our modeling has Warner winning this,” said Chuck Todd of "Meet the Press." But, "if I were [Gillespie], I wouldn't concede tonight."
Former GOP Senate Leader Trent Lott Is Now Lobbying For A Sanctioned Russian Bank, And So Is Former Democratic Senator John Breaux
Already targeted by sanctions from the Obama administration, a Russian bank has hired former Sens. John Breaux and Trent Lott as lobbyists.
Investors in beauty manufacturer Coty Inc. say Moelis and other Wall Street powers did not disclose important information before the IPO.
Cantor, considered a link between Wall Street and the GOP, had raised nearly $1.4 million since 2012 from several financial firms.
Lamar Alexander won Tennessee on Thursday night in the 2014 Republican primary. It was another setback for the Tea Party.
The ex-majority leader is timing his resignation so his constituents "will have a voice in what will be a very consequential lame-duck session."
Kansas and Tennessee Tea Partiers are eyeing the U.S. Senate while Michigan challengers look at state offices. What do the polls predict?
The tea party-backed challenger failed to defeat longtime Mississippi incumbent Senator Cochran. Mainstream GOPers did well in other races, too.
Will the newbie Tea Party candidates take down the much larger, veteran pachyderms?
The runoff between incumbent Cochran and tea party-backed McDaniel has been described as a battle for the heart and soul of the Republican Party.
The new GOP House leaders owe more money than they have and are worth less than the typical House member.
McCarthy has conservative credentials but is also a pragmatist. Can he last?
Eric Cantor's Successor As House Majority Leader: Candidates Aren't Conservative Enough, Say Michele Bachmann And Steve King
Reps. Michele Bachmann and Steve King want to hold off on electing a majority leader, since no one is "conservative" enough.
Eric Cantor and his campaign spent more than half a million dollars on food, the bulk of it at coffee shops, fast food chains and steakhouse restaurants, per FEC filings.
"After prayerful reflection, I have come to the conclusion that this is not the right office at the right time for me and my family."
Stunned by the Tea Party's takedown of House Majority Leader Eric Cantor, Republican incumbents realize they have reason to worry.
“Cantor has been a key connection between big business and House Republicans, while his opponent campaigned against ‘crony capitalism.’”
5 Ways Eric Cantor's Primary Loss May Affect The GOP, Not Counting The Majority Leader's Sudden Resignation Announcement
The shock waves may be felt as far south as Florida and as far west as Kansas.
With Eric Cantor set to resign his leadership post in the coming weeks, GOP elites have already started vying for his job. Who will it be?
Pressed on an explanation for his primary loss, Cantor said, "I'll leave the political analysis to y'all."