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Once reluctant to run for the job... Wisconsin Congressman Paul Ryan is now officially in the race for Speaker of the House.

FOX News Radio's Jared Halpern has more from the Capitol:

The most recent Republican Vice Presidential nominee is now the overwhelming front-runner to succeed John Boehner as Speaker of the House. Paul Ryan telling colleagues, "I am ready and eager to be our speaker."

His decision coming after winning support from a wide coalition of Republicans, including the conservative Freedom Caucus and the moderate Tuesday Group.

Ryan also told colleagues earlier this week he'd only be open for a run at the gavel if the job changes, allowing him more time to spend with his family.

On Capitol Hill, Jared Halpern, FOX News Radio