Political and Legislative

Nancy Pelosi to Step Down from Congressional Role as House Democratic Leader

House Speaker Nancy Pelosi announced Thursday she will not seek reelection to her congressional leadership role, ending a two-decade streak as the top House Democrat that saw her become the first woman to lead the chamber.

Pelosi, speaking on the House floor, said she will remain a member of Congress and serve out the term to which she was just elected.

“With great confidence in our caucus, I will not seek reelection to Democratic leadership in the next Congress,” Pelosi said between rounds of applause throughout the 14-minute speech.

Read the source article at cnbc.com

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