KEY POINTS
  • Former House Speaker Kevin McCarthy said Wednesday he will resign from Congress at the end of the year.
  • "I know my work is only getting started," McCarthy, R-Calif., said in an op-ed in The Wall Street Journal.
  • McCarthy was a prolific fundraiser as Republican leader and later speaker, where he built a deep network of CEOs and major donors.
Former Speaker of the House Kevin McCarthy (R-CA) speaks to reporters after he was ousted from the position of Speaker by a vote of the House of Representatives at the U.S. Capitol in Washington, U.S. October 3, 2023.

Former House Speaker Kevin McCarthy said Wednesday he will resign from Congress at the end of the year.

McCarthy, the California Republican who was ousted as speaker by a faction of his own party two months earlier, said he is leaving "to serve America in new ways."