• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

2

31-year-old millionaire has zero sympathy for unemployed Gen Z's ‘excuses’—he says 'it is scarily easy' to build a business and get rich right now

3

Iran's president admits 'we have many problems' and missiles 'are of no use' as the U.S. chokes its economy while weakening Tehran's grip on Hormuz

1

The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

2

31-year-old millionaire has zero sympathy for unemployed Gen Z's ‘excuses’—he says 'it is scarily easy' to build a business and get rich right now

3

Iran's president admits 'we have many problems' and missiles 'are of no use' as the U.S. chokes its economy while weakening Tehran's grip on Hormuz
LeadershipPaul Ryan

Republican Paul Ryan elected as House speaker

Fortune Editors
By
Fortune Editors
Fortune Editors
Down Arrow Button Icon
Fortune Editors
By
Fortune Editors
Fortune Editors
Down Arrow Button Icon
October 29, 2015, 11:40 AM ET
Capitol Hill Re-Groups One Day After Surprise In Speaker's Race
WASHINGTON, DC - OCTOBER 09: House Ways and Means Committee Chairman Paul Ryan (R-WI) heads for House Republican caucus meeting in the basement of the U.S. Capitol October 9, 2015 in Washington, DC. Many GOP members of the House are asking Ryan to be a candidate to succeed Speaker of the House John Boehner (R-OH) whose plans to retire at the end of October have been thrown into question after Majority Leader Kevin McCarthy (R-CA) announced Thursday he was pulling out of the race for Speaker. (Photo by Chip Somodevilla/Getty Images)Chip Somodevilla Getty Images
Add Fortune on Google for similar content.

The U.S. House of Representatives voted to make Republican Representative Paul Ryan its new speaker Thursday.

Ryan replaces the outgoing John Boehner after a rebellion by conservative lawmakers forced Boehner to retire.

Ryan won 236 votes among the 247 Republicans in the chamber, suggesting the Wisconsin congressman was abandoned by only a handful of conservatives who pushed out Boehner.

His main Republican challenger, Representative Daniel Webster of Florida, received nine votes, while former Secretary of State Colin Powell and Representative Jim Cooper of Tennessee each received one vote, Reuters reported.

Ryan moves to the number two succession spot for the presidency behind the vice president, a position he sought in 2012 as Mitt Romney’s running mate.

Ryan’s nomination this week capped weeks of turmoil as Republicans have struggled to unite behind a replacement for Boehner, who is expected to retire from Congress on Friday.

Ryan has never served in House leadership, but heads the tax-writing Ways and Means Committee and is widely respected among conservative Republicans for his budget plans. These have proposed deep cuts to social safety net programs and the effective privatization of Medicare coverage for seniors.

—Reuters contributed to this report.

About the Author
Fortune Editors
By Fortune Editors
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Leadership


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in Leadership


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.