Rep. Patrick McHenry, who served as temporary speaker, will not seek re-election

Rep. Patrick McHenry, R-N.C., announced Tuesday that he won't seek re-election in 2024, a shocking move to many of his colleagues that will further thin the ranks of Republican institutionalists in Congress.

He plans to finish out his two-year term, he said in a statement, writing on X: "I believe there is a season for everything and—for me—this season has come to an end. I look forward to what comes next for my family and me."

McHenry, 48, became the chair of the powerful House Financial Services Committee at the beginning of the year. He gained national attention during his three-week stint in October as House Speaker pro tempore after Republicans ousted Rep. Kevin McCarthy, R-Calif., from the position.

Elected in 2004, McHenry began his congressional career as a partisan rabble-rouser. Over time, he transformed into an ally of Republican leadership and secured the position of chief deputy whip under two speakers.