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Photo: Tom Williams/Pool via Getty Images

House Republicans will vote on recalling Rep. Liz Cheney (R-Wyo.) as conference chair this Wednesday, House Minority Leader Kevin McCarthy announced in a letter Monday, Punchbowl News reported.

Why it matters: Cheney, the No. 3 House Republican, has faced increasing backlash from McCarthy and her Republican colleagues as she continues to criticize former President Trump and his baseless claims of election fraud.

What he's saying: "[T]hese internal conflicts need to be resolved so as to not detract from the efforts of our collective team," McCarthy wrote. "Having heard from so many of you in recent days, it's clear that we need to make a change."

  • "[O]ur leadership team cannot afford to be distracted from the important work we were elected to do and the shared goals we hope to achieve. The stakes are too high to come up short."

The other side: Cheney wrote in a Washington Post op-ed last week that the GOP is at a "turning point" and must decide whether it's going to "choose truth and fidelity to the Constitution."

  • She called out McCarthy's reversal after he commented in January that "the president bears responsibility" for the Capitol insurrection.
    • Rep. Jim Banks (R-Ind.), who chairs the Republican Study Committee, said that Cheney's continued criticisms of Trump are "an unwelcome distraction."
    • McCarthy said in his letter that "each day spent relitigating the past is one day less we have to seize the future."

The big picture: Cheney was one of 10 House Republicans who voted to impeach Trump, and she has not shied away from condemning his claims of election fraud.

  • Though McCarthy said publicly the House GOP has "no concern" about her vote to impeach Trump, he was caught on a hot mic saying he's "lost confidence" in her and "she's got real problems."
  • Sen. Joni Ernst (R-Iowa), the only other woman in elected GOP leadership, defended Cheney last Wednesday and called for party unity.
  • Sen. Mitt Romney (R-Utah) said Monday ousting Cheney would cost Republicans "quite a few" votes.

Editor's note: This story has been corrected to reflect that Rep. Jim Banks (not Kevin McCarthy) said Cheney's comments were "an unwelcome distraction."

Go deeper

Focus groups: Some swing voters souring on Biden

Illustration: Annelise Capossela/Axios

Some Trump-to-Biden swing voters are showing early signs of souring on President Biden despite his big win with a $1.2 trillion bipartisan infrastructure package clearing the Senate.

Why it matters: Democrats are counting on Biden's brand of governance and handling of COVID-19 and the economy to save them in next year's midterm elections.

Hope King, author of Closer
60 mins ago - Economy & Business

Peloton pumps its brakes

Data: FactSet; Chart: Axios Visuals

Peloton’s popularity is falling as swiftly as it shot up.

Why it matters: Not all pandemic habits stick around. Peloton's trajectory over the past two years exemplifies how challenging it's been for companies to gauge shifts in consumer demand — particularly in sectors heavily altered by the pandemic.

First look: Senators propose bill to ban corporate PACs

Sens. Jon Ossoff and Mark Kelly. Photos: Chip Somodevilla (left), Courtney Pedroza/Getty Images

Sens. Mark Kelly (D-Ariz.) and Jon Ossoff (D-Ga.) will soon propose a bill prohibiting for-profit corporations from establishing and managing political action committees, according to a copy of the legislation obtained by Axios.

Why it matters: The introduction of "The Ban Corporate PACs Act" comes amid heightened scrutiny on Capitol Hill regarding money in politics, including efforts to bar companies from influencing political campaigns and federal elections. It would likely face a court challenge and First Amendment concerns.