California Rep. Kevin McCarthy is the Republican nominee for the next Speaker of the House.
In order to win the seat, he needs almost all 222 GOP House members to vote for him on Jan. 3.
McCarthy faces holdouts in his party, who he says would "squander" a GOP majority by opposing him.
McCarthy, in an interview with Fox News' "Sunday Morning Futures," said those GOP holdouts, by opposing his bid, would be "squandering" the Republican majority set to take control of the House of Representatives in the next congressional session.
The 118th Congress, which convenes on January 3, 2023, will have 222 Republican members, compared to 212 Democrats.