Matt Gaetz withdraws from attorney general consideration as Trump transition continues

Matt Gaetz has withdrawn from consideration for the position of attorney general, stating that his nomination was becoming a distraction for the Trump administration. He emphasized his commitment to Donald Trump and the transition team's work. Gaetz's nomination faced criticism from both political parties and was under investigation by the House Ethics Committee for alleged misconduct. His withdrawal comes shortly after he was contacted regarding new allegations of sexual misconduct. With Gaetz out, Ken Paxton, the Texas attorney general and a Trump ally, is now the leading candidate for the position. Betting markets indicate a high likelihood of Paxton being nominated next.