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EXPLAINER: Why was Truss’ tenure so short — and now what?

Ranil Jayawardena, Britain's Secretary of State for Environment, Food and Rural Affairs waves as he arrives in Downing Street in London, Thursday, Oct. 20, 2022. (AP Photo/Alberto Pezzali) British Prime Minister Liz Truss, followed by her husband Hugh O'Leary, arrives to make a statement outside 10 Downing Street where she announced her resignation as Prime Minister, in London, Thursday Oct. 20, 2022. Truss resigned Thursday, bowing to the inevitable after a tumultuous, short-lived term in which her policies triggered turmoil in financial markets and a rebellion in her party that obliterated her authority. (Stefan Rousseau/PA via AP) Jake Berry, right, Chairman of the Conservative Party, speaks to media alongside Graham Brady, Chairman of the 1922 Committee, outside Parliament in London, Thursday, Oct. 20, 2022. Britain's Prime Minister liz Truss resigned Thursday, bowing to the inevitable after a tumultuous, short-lived term in which her policies triggered turmoil in financial markets and a rebellion in her party that obliterated her authority. (AP Photo/David Cliff) Commuters are reflected in a puddle with the Queen Elizabeth Tower in the background which contains the bell known as 'Big Ben, part of the Palace of Westminster, following a rain shower in London, Thursday, Oct. 20, 2022. British Prime Minister Liz Truss resigned Thursday, bowing to the inevitable after a tumultuous, short-lived term in which her policies triggered turmoil in financial markets and a rebellion in her party that obliterated her authority. (AP Photo/Alastair Grant) Liz Truss makes a statement outside 10 Downing Street where she announced her resignation as Prime Minister, in London, Thursday Oct. 20, 2022. Truss resigned Thursday, bowing to the inevitable after a tumultuous, short-lived term in which her policies triggered turmoil in financial markets and a rebellion in her party that obliterated her authority. (Stefan Rousseau/PA via AP) A bookmaker takes bets for the next British Prime Minister after Liz Truss resigned in London, Thursday, Oct. 20, 2022. Truss resigned Thursday, bowing to the inevitable after a tumultuous, short-lived term in which her policies triggered turmoil in financial markets and a rebellion in her party that obliterated her authority.(AP Photo/Alberto Pezzali) Liz Truss, followed by her husband Hugh O'Leary, right, walks back into 10 Downing Street after making a statement where she announced her resignation as Prime Minister, in London, Thursday Oct. 20, 2022. Truss resigned Thursday, bowing to the inevitable after a tumultuous, short-lived term in which her policies triggered turmoil in financial markets and a rebellion in her party that obliterated her authority. (Stefan Rousseau/PA via AP)
EXPLAINER: Why was Truss’ tenure so short — and now what?