US Rep Matt Gaetz will try to unseat House Speaker Kevin McCarthy this week By Reuters

By Richard Cowan and How to download Forex foreign exchange appMoira Warburton

WASHINGTON (Reuters) -U.S. House of Representatives Speaker Kevin McCarthy faced a threat to his leadership on Monday as a right-wing fellow Republican, Representative Matt Gaetz, said he would try to oust him as speaker this week, a move that could plunge Congress into crisis days after dodging a federal government shutdown.

Gaetz, who has clashed with McCarthy for months, said he would file a motion that would set up a vote to remove McCarthy as speaker.

"We have a lot of folks in Congress who I think would be very capable to serve as speaker. We need to rebuild trust," Gaetz told reporters.

He did not say who he had in mind, or whether he had the votes to succeed.

McCarthy leads a narrow and fractious 221-212 majority whose members in recent weeks have repeatedly blocked measures he has brought to the House floor, meaning that as few as five defections from his party could threaten his hold on power, if Democrats all vote against him.

McCarthy said on Sunday he expected he would survive the threat to his job.

Gaetz, from Florida, was one of more than a dozen Republicans who repeatedly voted against McCarthy's bid for speaker in January. McCarthy ultimately secured the gavel after 15 rounds of voting.

No U.S. House speaker has ever been removed from the position that puts the holder second in line in succession for the presidency after the vice president.

Gaetz was angered by McCarthy's move to pass a short-term funding bill on Saturday with support from opposition Democrats to keep the government fully operating and avoid a shutdown.

Gaetz said he had spoken to former President Donald Trump about his effort. Trump is the leading Republican candidate for the 2024 Republican presidential nomination, despite facing four criminal indictments and several civil cases.

Gaetz and a group of other hardline House Republicans insist on deep spending cuts that would break a deal McCarthy agreed to with President Joe Biden in May, after the U.S. came within days of defaulting on its $31.4 trillion in debt.

DEMOCRATS DEBATE NEXT MOVE

House Democratic Leader Hakeem Jeffries has not said if his caucus would join right-wing Republicans to help topple McCarthy or if Democrats might support him in exchange for political or legislative favors.

Multiple McCarthy moves have angered Democrats: The backing down from the deal with Biden on spending, a decision to launch an impeachment inquiry into Biden without first calling a vote and on Saturday giving Democrats little time to read the stopgap spending bill that he needed their support to pass.

Democrats, in theory, could demand that McCarthy honors his deal with Biden and abandons the effort to cut spending, to drop the impeachment inquiry or seek votes on gun and immigration legislation.

Democrats are due to meet later in the day to weigh their options.

ONGOING BATTLE OVER SPENDING

The House and Senate now have until Nov. 17 to either agree to 12 spending bills for fiscal year 2024 or pass another stopgap measure to avoid shutdowns.

The Republican speaker and his leadership team are hoping to spend this week passing more individual spending bills to fund government programs in the new fiscal year that began on Sunday.

With only four of the dozen annual appropriations bills passed by the House before the start of this new fiscal year, House Majority Leader Steve Scalise, a Republican, has scheduled two more for debate this week.

It was unclear, however, whether the bills to keep federal energy programs operating and the lights on in Congress itself will garner enough Republican support amid a possible wall of opposition from Democrats.

Meanwhile, the Democratic-controlled Senate hoped to resurrect three bills that conservative Republicans blocked quick action on. They would fund federal agencies that run transportation, veterans, housing and agriculture programs that clash with the lower-spending priorities of Republican versions in the House.

Senate Appropriations Committee Chair Patty Murray also has placed a high priority on Congress delivering billions of dollars in new aid to Ukraine in its battle against Russia.

That funding was stripped out of the stopgap funding bill passed by Congress over the weekend amid Republican objections.

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