Reverend Patrick J. Conroy. Photo: Bill Clark / CQ Roll Call via Getty Images

House Chaplain Rev. Patrick J. Conroy, who was abruptly dismissed by Speaker Paul Ryan last month, will stay on as House Chaplain according to a statement from Ryan.

In a letter to House leaders Thursday, Conroy — who has held the position since 2011 — rescinded his resignation following the outrage over his ouster, reports the Washington Post. He said: “I have never been disciplined, nor reprimanded, nor have I ever heard a complaint about my ministry during my time as House chaplain."

The details: Ryan said his decision to remove Conroy "was made in what I believed to be the best interest" of the House, and he will be sitting down with Conroy next week.

Go deeper

Trump's new TikTok threat

Photo illustration: Aïda Amer/Axios. Photo: Jim Watson/AFP via Getty Images

President Trump said twice Monday that the U.S. Treasury would need to get a portion of the sale price of TikTok, as a condition of regulatory approval.

Why it matters: This is akin to extortion — the sort of thing you'd expect to hear on a wiretap, not from the White House in front of reporters.

Ford names James Farley as new CEO amid ongoing turnaround effort

James Hackett, left, is retiring as Ford CEO. Jim Farley, right, takes over Oct. 1. Photo: Ford

Ford announced Tuesday that James Farley will take over as its next CEO, replacing James Hackett, 65, who is retiring after three years in the job.

Why it matters: It leaves Farley to complete the company's ongoing turnaround effort. The transition will be that much harder as the industry tries to navigate the coronavirus-induced economic slowdown which shuttered Ford plants for two months on the eve of some of its most important vehicle launches.

Updated 4 hours ago - Politics & Policy

Watch the full "Axios on HBO" interview with President Trump

In this episode of “Axios on HBO”, President Trump discusses his handling of the coronavirus pandemic, the upcoming election and much more with National Political Correspondent Jonathan Swan.

The interview was filmed on Tuesday, July 28 and aired Monday, Aug. 3 on HBO.