Jon Lieber, head of Eurasia Group's coverage of political and policy developments in Washington, DC shares his perspective on US politics.

What are the implications of the House failing to elect a speaker this week?

Well, I'm down here at the US Capitol where Kevin McCarthy has failed on multiple ballots this week to receive the 218 votes that he needs to become House speaker. And if you're a political junkie, this is really your week. You've got multiple ballots, warring political factions, you've got backroom deals. But the reality is the implications of this in the real world aren't that great. It's a historical anomaly, hasn't happened for over 100 years, but the House wasn't going to pass that much meaningful legislation this year anyway. So a delay in organizing doesn't matter all that much. And whoever the speaker is, they're probably going to end up being pretty weak and any legislation they do achieve will just be either ignored or rejected by the Democrats who control the Senate.