Speed Reads

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Here's who House Speaker Paul Ryan wants to take his job

Paul Ryan has endorsed Majority Leader Kevin McCarthy (R-Calif.) to take over his role as speaker of the House.

"I fully anticipate handing the gavel over to the next speaker of the House after this term, and I think Kevin is the right guy to step up," Ryan said on a Meet the Press exclusive Friday morning.

Ryan said members of Republican leadership, including Majority Whip Steve Scalise (R-La.) — largely considered to be McCarthy's top competition for the job — agree with his decision. Republicans have a "very capable leadership team" right now, Ryan said.

Ryan announced Wednesday that he wouldn't run for re-election in the fall.