- House Speaker Nancy Pelosi will not seek reelection to her congressional leadership role. She said to remain a member of Congress and serve out the term.
- The move ends a two-decade streak for Pelosi as the top House Democrat.
- The announcement came after several news outlets projected that Democrats would lose their House majority to Republicans following the midterm elections, CNBC reported.
- Pelosi has also said that a recent attack on her husband, Paul Pelosi, by a hammer-wielding home intruder would affect her decision to remain in leadership.
- Current House Minority Leader Kevin McCarthy is considered the top candidate to become a speaker in the next Congress.
- 82-year-old Pelosi was elected to Congress in 1987. She became the highest-ranking woman in congressional history in 2002. She became House minority leader in 2003 and rose to Speaker of the House after Democrats won back the majority in 2006.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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