House Republicans are gearing up to elect a new Speaker of the House this week after ousting former Speaker Kevin McCarthy.

What's happening? Per the WaPo, House Republicans are planning to hold an internal vote to nominate a Speaker on Wed..

How many votes does a nominee need to become Speaker of the House? 217 votes. (AP)

House Republicans are divided: eight Republicans voted against the party line last week to oust McCarthy. (AP)

Who will throw their hat in the ring? According to the WaPo, two Republicans have signaled a run for the speakership.

For starters, Rep. Jim Jordan is expected to make his speakership pitch to House Republicans this week. (WP)

Jordan is the chair of the House Judiciary Committee; his name was floated in Jan. during McCarthy's Speaker vote. (WP)

House Majority Leader Steve Scalise is also expected to run for the speakership, according to the Washington Post.

Scalise is the second-ranking Republican in the House. (AP)

What about McCarthy? McCarthy on Mon. told reporters that he was open to running for Speaker again. (CNN)

The stakes are high: House Republicans are under pressure to pass legislation to provide aid to Israel. (WaPo)

The process could go into next week: as of Tue., no Republican candidate has the 217 votes needed to win the speakership.