Lawmaker Graham Brady announced on Monday that Rishi Sunak will be leader of the U.K.'s Conservative Party. Sunak’s ascendancy to party leadership means he will become the next British prime minister, after Liz Truss announced on Thursday that she would resign.
GRAHAM BRADY: Good afternoon. As returning officer in the leadership election, I can confirm that we have received one valid nomination.
[POUNDING ON TABLE]
Rishi Sunak is, therefore, elected as leader of the Conservative Party.
[MEMBERS CHEERING, POUNDING ON TABLE]