The White House has put out a statement from President Joe Biden, in which he and first lady Jill Biden congratulated McCarthy.
"The American people expect their leaders to govern in a way that puts their needs above all else, and that is what we need to do now," Biden said.
"As I said after the midterms, I am prepared to work with Republicans when I can and voters made clear that they expect Republicans to be prepared to work with me as well," he continued. "Now that the leadership of the House of Representatives has been decided it is time for that process to begin."
Biden said it's "imperative" the nation continues to make economic progress, protect Social Security and Medicare benefits and defend national security.
"As the last two years show, we can do profound things for the country when we do them together," Biden said.