After leading the House Democrats for nearly 20 years, the 82-year-old Nancy Pelosi announced that she will not seek re-election as leader of the House Democratic Conference.
"With great confidence in our caucus, I will not seek re-election to Democratic leadership in the next Congress," said Pelosi. "For me the hour has come for a new generation to lead the Democratic caucus that I so deeply respect, and I'm grateful that so many are ready and willing to shoulder this awesome responsibility."
"There is no greater special honor for me than to stand on this floor and to speak for the people of San Francisco. This I will continue to do as a member of the House speaking for the people of San Francisco, serving the great state of California and defending our Constitution," she continued.
Join me as I make a major announcement on the Floor of the House of Representatives. https://t.co/Hi7zFqidbV
— Nancy Pelosi (@SpeakerPelosi) November 17, 2022
Pelosi made the announcement Thursday from the House floor. She has been the Speaker of the House two times for four years.
Speculation had grown about Pelosi's future recently since her husband Paul was attacked at their home by a hammer. That was followed by the Democrats losing control of the House.
BREAKING: CBS News projects the Republican Party wins control of the U.S. House of Representatives. pic.twitter.com/U2Md8Xvkzm
— CBS News (@CBSNews) November 16, 2022
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