TALLAHASSEE, Fla. — When GOP Rep. Matt Gaetz gained nationwide notoriety as one of Donald Trump’s loudest defenders, the smart money was that he was angling for a job in the Trump administration or a permanent gig on Fox News.

A lot’s changed since then.

Gaetz was a central figure in the chaotic election of Speaker Kevin McCarthy last month — asserting outsize power from the fringes of the House Republican Conference. This week, he learned that federal prosecutors won’t charge him in a long-running sex trafficking probe, clearing a dark cloud that’d been hanging over his career for more than two years.

So what’s next for the congressman with a seemingly endless capacity for drawing attention...

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