Updated

Three Republicans are likely to run to replace Rep. Paul Ryan as chairman of the powerful House Ways and Means Committee: Pat Tiberi of Ohio, Kevin Brady of Texas and Devin Nunes of California.

Ryan, likely to become the new House speaker, was in that position for less than a year, despite seeking it throughout his 16-year career in Congress.

As head of the committee, the Wisconsin Republican was able to shepherd through major legislation, setting the terms for Congress' approval of the Pacific-nation trade deal negotiated by the president, in addition to reforms to Medicare and other important measures. But he wasn't able to achieve his overarching goal of comprehensive tax reform in that short window.

Ryan likely will continue to pursue an overhaul of the tax code as speaker. The detailed and difficult work of organizing legislation, however, will be left to one of the three likely candidates.

All of them share Ryan's broad vision of lowering tax rates for families and businesses while expanding the tax base by eliminating credits, deductions and other tax preferences. Ryan's endorsement likely will play a major role in determining the next chairman.

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