Rep. Jim Jordan (R-OH) will tell members of the House Republican Conference that he will not hold a third ballot and instead will back expanding the powers of Speaker Pro Tempore Patrick McHenry (R-NC) so the House can get back to regular order.

Jordan will announce he plans to stay on as speaker designate and that he supports expanding McHenry's powers through January, according to two GOP sources.

JORDAN ALLIES TEMPER EXPECTATIONS AHEAD OF SECOND ROUND SPEAKER VOTE

On the first two ballots, Jordan lost support from members of the House Republican Conference. On the first vote, 20 Republicans voted against him. On the second, 22 Republicans voted against him.

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Former House Speaker Kevin McCarthy (R-CA) took 15 ballots to be elected speaker in January but was removed on Oct. 3 after just nine months on the job.

This is a breaking story and will be updated.