According to CoinMeta, as reported by Axios, Republicans in the U.S. House of Representatives elected Jim Jordan as the new Minority Leader on Tuesday. Jordan defeated Steve Scalise, the second-ranking Republican in the House, in a secret ballot among party members. Jordan is one of the founding members of the House Freedom Caucus and has a tough stance. This victory reflects the Republicans' efforts to adjust their leadership and approach after suffering losses in the midterms. Jordan will be responsible for uniting the Republican Party internally and leading the party in its bid to regain a majority in the House of Representatives in 2028.