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Pelosi. Photo: Drew Angerer/Getty Images

Labor groups are urging House Speaker Nancy Pelosi to oppose a bid by Rep. Gregory Meeks (D-N.Y.) to lead the House Foreign Affairs Committee, arguing that his "pro-corporate trade" stances should preclude him from being elected to the powerful position.

What they're saying: "How America’s trade is structured, and by whom, is fundamental in determining whether we advance workers’ rights," the Communications Workers of America, Teamsters, United Brotherhood of Carpenters, and International Federation of Professional and Technical Engineers write in a letter obtained by Axios.

Driving the news: A contested election for the chairmanship is expected this week.

  • The committee's jurisdiction is much broader in scope than just trade, touching on everything from foreign assistance to national security, cyber issues and public diplomacy.
  • Nearly three dozen progressive groups last month endorsed Rep. Joaquin Castro (D-Texas) for the job instead.

The big picture: Progressives aren't just weighing in on congressional leadership.

  • Reps. Alexandria Ocasio-Cortez (D-N.Y.), Ilhan Omar (D-Minn.) and Rashida Tlaib (D-Mich.) and incoming Reps. Cori Bush (D-Mo.) and Jamaal Bowman (D-N.Y.) joined a petition to try to block President-elect Biden's former chief of staff from getting an administration position.
  • Progressives have also been outspoken in their opposition to the idea of former Chicago Mayor Rahm Emanuel as Transportation secretary.

Details: Critics of Meeks highlight his role in launching the bipartisan Friends of the Trans-Pacific Partnership Caucus, and they say pro-corporate trade is a political loser for the 2022 midterms as Democrats seek support from working-class voters upset with a "rigged economy."

Go deeper

"Impeachable offense": Democrats react to Trump's Georgia call

Photo: Tasos Katopodis/Getty Images

Leading Democrats accused President Trump Sunday of corruption, "abuse of power" and committing an "impeachable offense" for urging Georgia's Republican Secretary of State in a phone call to overturn Joe Biden's election win.

Why it matters: Trump was impeached by House Democrats in December 2019 for abuse of power and obstruction of Congress for pressing Ukraine to investigate Biden and his son Hunter Biden, before being acquitted in the GOP-controlled Senate.

Nancy Pelosi narrowly wins another term as Speaker of the House

Photo: Alex Wong/Getty Images

Nancy Pelosi (D-Calif.) was reelected as Speaker of the House at the start of the new session of Congress on Sunday.

Why it matters: Pelosi had little wiggle room to lose votes from members of her party, as absences from the coronavirus pandemic complicated the matter. She needed the majority of votes from lawmakers present in the chamber.

Dion Rabouin, author of Markets
23 mins ago - Economy & Business

First glimpse of the Biden market

Photo: Jonathan Ernst-Pool/Getty Images

Investors made clear what companies they think will be winners and which will be losers in President Joe Biden's economy on Wednesday, selling out of gun makers, pot purveyors, private prison operators and payday lenders, and buying up gambling, gaming, beer stocks and Big Tech.

What happened: Private prison operator CoreCivic and private prison REIT Geo fell by 7.8% and 4.1%, respectively, while marijuana ETF MJ dropped 2% and payday lenders World Acceptance and EZCorp each fell by more than 1%.