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The Company Memo: Tuesday, May 29

Big news coming out of the House of Representatives, where Congresswoman Michele Bachmann (R-Minn.) will not seek re-election.
Credit: teambachmann YouTube
Credit: teambachmann YouTube

Big news coming out of the House of Representatives, where Congresswoman Michele Bachmann (R-Minn.) will not seek re-election. She announced her decision in an eight minute video.

So who will carry the tea party mantle now in Congress? We'll discuss with Politico's Alex Burns and Jim Warren.

Plus, great signs on the economy, where homes prices are rising and the stock market is up. We'll talk to Senator Bernie Sanders (I-Vt.) about the economy.

Could Anthony Weiner actually win the race for New York City Mayor? Maybe, writes Salon's Blake Zeff. A new Quinnipiac poll also shows he's trailing Christine Quinn, but he's still number two right now in a crowded Democratic field.

Plus, we'll ask if the country is becoming less conservative with strategists Amy Holmes and Jill Zuckman.

And we'll talk about social media and the immigration debate with social media guru Eric Yaverbaum.

Finally, here's a must-read story of the morning- nearly 40% of mothers are now the family breadwinner!