Sen. Ted Cruz Rafael (Ted) Edward CruzSenate Republicans face tough decision on replacing Ginsburg Cruz: Trump should nominate a Supreme Court justice next week Renewed focus on Trump's Supreme Court list after Ginsburg's death MORE (R-Texas) will be the Republican speaker at the annual Gridiron Dinner, one of Washington's oldest and most exclusive events.

A Republican and a Democrat are invited to address the gathering each year, and Cruz will take the GOP spot at the March 8 event, according to USA Today's Susan Page, a former president of the club who tweeted the news on Thursday.

.@tedcruz will be the GOP speaker at the Gridiron Dinner in March. (BTW, in the footsteps of Romney, McCain, Dole.) — Susan Page (@SusanPage) December 26, 2013

The evening is one of humor and satire and expectations for the speakers are high.

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No word on who the Democratic speaker will be nor has President Obama indicated if he'll attend (he's only gone twice during his time in office).

One of his attendances was last year, where he poked fun at Cruz, who had just been elected to the Senate.

“With all these new faces, it’s hard to keep track of who is in, who is out. And I know it’s difficult for you guys as reporters. But I can offer you an easy way of remembering the new team. If Ted Cruz calls somebody a communist, then you know they’re in my Cabinet,” Obama said, according to The Dallas Morning News.

Speakers are usually seen as up-and-comers in their respective parties. Obama first addressed the dinner back when he was still a senator from Illinois. Past speakers have included Republicans Mitt Romney, Texas Gov. Rick Perry and Louisiana Gov. Bobby Jindal. Democrats have included Sen. Amy Klobuchar (Minn.).

The annual dinner is a white-tie event that is one of the most exclusive in the city. Membership in the club is by invitation only.

And, no, there will be no viewing of the speeches. C-SPAN has lobbied for years to air the event but to no avail. Texts of the addresses usually leak out, however, given that all members of the club are journalists.