On Thursday, Representative Kevin McCarthy (R-CA) withdrew his bid to be the next Speaker of the House just prior to the Republican conference vote to potentially formally nominate him.  Representative McCarthy stated he would stay on as Republican Majority Leader, but would no longer seek the Speaker of the House position.  Additionally, current Speaker of the House John Boehner announced he would stay on as Speaker of the House until a new Speaker was elected.  The Speaker of the House election has been postponed until a date to be determined.