Fox News is told McCarthy simply said it was not his time. McCarthy faced opposition from some conservative members and groups, but was thought to have more than enough support to win the party's nomination in the vote initially set for Thursday.

McCarthy withdraws from speaker race, vote postponed

By News on the Net ——Bio and Archives--October 8, 2015

House Majority Leader Kevin McCarthy, the front-runner to replace John Boehner, stunned his Republican colleagues on Thursday by withdrawing from the race -- a decision that will postpone the vote for speaker. More...

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News on the Net——Bio and Archives

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