The race for the next Speaker of the US House of Representatives is taking shape following the Democrats' major victory in the 2026 midterm elections. House Democratic Leader Hakeem Jeffries has formally launched his bid for the speakership, positioning himself to potentially become the first Black Speaker in American history. But who else could enter the contest, what challenges does Jeffries face within his own party, and how will the House choose its next leader when the new Congress convenes in January 2027?