This is the Cato Daily Podcast for Tuesday, September 6, 2022.

I'm Caleb Brown.

Liz Truss is the new UK Prime Minister.

Who is she?

What should we expect as she attempts to grapple with some of the major challenges facing the UK in the coming months?

Cato's Ryan Bourne comments.

Americans probably aren't super crystal clear in general on the process of selecting a new prime minister.

What does that process look like?

Well, it's been a pretty torturous process and I think most people involved in UK politics

are sick of it at this stage. Basically what

happened earlier on in the summer is that over a number of weeks, Conservative

members of Parliament in essence forced Boris Johnson to resign.

A lot of them called for him to leave a lot of backbench members of parliament.

And then after that pressure ramped up,

there were a number of high profile resignations from his cabinet. after that

the pressure ramped up, there were a number of high profile resignations

from his cabinet, which made his position untenable.

Now, what that did is triggered a process

within the Conservative Party to find a new leader.

So first and foremost you're trying to find a new leader for the party who then as the leader

of the majority in Parliament can form a government with them as Prime Minister.

So the way that essentially that worked is anybody within the MP cohort could put themselves

...