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			 Cantor, who has served as House Majority Leader since 2011, 
			unexpectedly lost in Tuesday's vote to college economics professor 
			David Brat, an activist in the Tea Party movement, which wants to 
			reduce federal government spending and taxes and advocates for a 
			smaller government. 
 The defeat put an end to Cantor's quest for an eighth term but he 
			will serve out his current term through this year. It also brought 
			an abrupt halt to Cantor's career as a rising star who had his eye 
			on the top job of Speaker.
 
 House Speaker John Boehner, who cried during a closed-door meeting 
			of House Republicans according to some who attended, praised 
			Cantor's work as majority leader and said, "We've been through a lot 
			together."
 
 At a press conference following that meeting, Cantor said he will 
			step down from his leadership job on July 31.
 
 Cantor said that he would back Representative Kevin McCarthy of 
			California as his replacement if he seeks it. Cantor and McCarthy 
			were close allies and they often had to try to scale back the 
			demands of the Tea Party.
 
 
			 
			Representative Pete Sessions of Texas, who chairs the House Rules 
			Committee, told reporters he would run for majority leader. McCarthy 
			and Sessions both have conservative voting records. Other 
			Republicans also could vie for the job, with an election set for 
			June 19. Trying to heal intra-party rifts that have plagued House 
			Republicans for the past three years, Cantor said: "The differences 
			that we may have are slight and pale in comparison with the 
			differences that we have with the left.”
 
 Capitol Hill buzzed with speculation over whether the Tea Party 
			victory in Cantor's Richmond, Virginia-area district could bring 
			Washington back to the showdowns of 2011, 2012 and 2013 over budget 
			deficits and the size of government.
 
 Financial market analysts feared a disruption from the relative 
			political calm that had prevailed since a December 2013 budget deal.
 
 "I just think it underscores the total political dysfunction" in 
			U.S. politics, said Doug Kass, president of Seabreeze Partners 
			Management in Palm Beach, Florida. Noting the need for fiscal and 
			regulatory reform, he said, "This defeat suggests it may retard it."
 
 BREATHER FOR EMBATTLED DEMOCRATS
 
 The turmoil, however, has given Democrats a breather from a string 
			of politically damaging events that were preoccupying Washington 
			less than five months before congressional elections.
 
 As they try to keep control of the Senate in November's elections, 
			Democrats have been battered by a scandal over the administration's 
			failure to provide veterans with timely healthcare and President 
			Barack Obama's decision to swap five Taliban prisoners for an 
			American prisoner of war in Afghanistan.
 
 More than a dozen House Democrats, gathered at a press conference to 
			promote a manufacturing bill, were all smiles as they reveled in the 
			Republican Party’s turmoil.
 
 "We have seen over the last three years a (Republican) party that is 
			deeply divided and dysfunctional. I think last night was evidence of 
			that,” said Democrat Representative Steny Hoyer, the second-ranking 
			House Democrat.
 
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			The election result was an ironic turn for Cantor, who vaulted into 
			the No. 2 job in 2011 after he helped Republicans capture the 
			chamber the previous November on a wave of Tea Party support. A 
			number of factors, including low turnout of 65,000 voters, played a 
			factor in Cantor's defeat. House Speaker John Boehner is expected to 
			remain in his position through this year and to seek re-election to 
			the job next year if Republicans maintain their control of the 
			chamber, as expected, in November elections. But some conservative 
			Republicans were speculating that whoever emerges as a Cantor 
			replacement could also become a challenger to Boehner for the 
			speakership next year.
 Tea Party discontent with Republican leadership was at a boil level 
			and activists were itching to flex their muscles after the win in 
			Cantor's district.
 
 Representative Tim Huelskamp of Kansas, a rebellious Tea Party 
			activist who was kicked off of two committees 18 months ago, said 
			that conservatives "have been frustrated over and over again for the 
			last three and a half years about a team, not just Cantor, that rode 
			the Tea party-conservative wave, (but) none of them with real 
			conservative bona fides.”
 
 Still unclear was whether Cantor's defeat could even resonate in the 
			2016 presidential campaigns, as the Republican Party battles over 
			whether to put forward a nominee with Tea Party leanings or someone 
			more mainstream, like former Florida Governor Jeb Bush, who could 
			have the broader political appeal needed to win the White House.
 
 In the primary campaign, Brat accused Cantor of being too willing to 
			compromise with Democrats on immigration and budget issues and of 
			not fighting hard enough against Obama's signature healthcare law 
			known as Obamacare.
 
 That, despite Cantor's role in staging more than 40 votes in the 
			House to repeal all or parts of Obamacare over the last few years.
 
 One leading House Republican, Representative Paul Ryan of Wisconsin, 
			told reporters he was not interested in a party leadership job. He 
			is expected to take over the powerful House Ways and Means 
			tax-writing panel next year and has been mentioned as a possible 
			2016 presidential hopeful.
 
			
			 
			
			 
			(Additional reporting by Julia Edwards, David Lawder, Patrick 
			Temple-West and Emily Stephenson; Editing by Caren Bohan and Grant 
			McCool)
 
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