Well, my Republican friends in the House didn’t exactly hit the ground running Tuesday, but they are making a New Year’s splash. The whole world is watching — for better or worse. As you know, I’ve been a strong supporter of Congressman Kevin McCarthy, who I think absolutely has earned his spurs to become speaker of the House. 

He is a conservative. Many times on my Fox Business News show and hundreds of times on other programs, and probably thousands of times on the campaign trail, Mr. McCarthy has stood for limited government, lower spending, supply-side tax cuts, energy independence, ending the regulatory war against business, and fossil fuels, closing the border with Mexico, tough on China, staunch supporter of parents, and so forth and so on, right down the line.  

What’s going on here is about personalities, not policies, and to me that’s the worst type of politics. As of this report, Mr. McCarthy lost the first two rounds, suffering 19 nay votes. It’s impossible to predict this process.  

The 19 nay votes from the second ballot supported Congressman Jim Jordan, who is a great friend and fabulous conservative leader — but who also nominated Mr. McCarthy on that second ballot. So, go figure what’s going on.  

I have no doubt this will be resolved and the GOP-led House will begin in earnest to block President Biden’s radical policies that have contributed so much to American decline in just two years. That’s why the voters put the GOP in control, in order to provide a check on Biden extremism. Also, please don’t forget the importance of the power of the purse: All money bills — including taxes — originate in the House, now controlled by Republicans.  

Actually, just to lighten up on this story, there’s some fun historical context. In the modern era, the last multi-ballot vote for speaker was in 1923, when a Massachusetts Republican, Fredrick Gillett, was elected speaker on the ninth ballot. Gillett was Calvin Coolidge’s man. Don’t forget: Coolidge was the tough-minded governor of Massachusetts, who fired the Boston cops when they illegally went on strike. 

Coolidge pushed Gillett over the line. Two years later, Gillett was elected senator and was succeeded by Ohio’s great Nicholas Longworth, who ruled the House with an iron fist for many years. For you history buffs, Longworth was married to President Theodore Roosevelt’s daughter Alice, who always kept his name and for all those years was known as Alice Roosevelt Longworth, a curmudgeonly D.C. socialite who almost never had a good word for anybody. No matter which political party.  

I know it’s a bit of a stretch in terms of our discussion now, but in the summer of 1969 yours truly served as a summer intern in the Longworth House office building. You can see how hard I’m trying to connect myself to one of my heroes, Calvin Coolidge. I know it’s a reach, and Coolidge rejected me as a research assistant, but I still think he was a great president.  

By the way, Kevin McCarthy has acceded to a Freedom Caucus demand that he permit a vacate-the-chair vote of no confidence if only five Republican House members raise their hand for it. This idea of vacating the speaker’s chair with only five votes from the floor started with — wait for it … wait a little longer … Thomas Jefferson.  

He did so when he was president of the Senate as John Adams’s vice president, and wrote the “vacate the chair” rule in 1800. Not even I was around then. I’ll admit it upfront. So, how’s this all going to end? 

A solid Republican House leader will emerge, and that person will stand up for conservative principles and stop Mr. Biden’s central planners, radical climate changers, and big-government socialists. That’s how it’s going to end, and the country will benefit. 

That’s why I can look you all straight in the eye and wish you a Happy New Year. 

From Mr. Kudlow’s broadcast on Fox Business News.