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

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)