Nancy Pelosi Announces , She Will Step Down As , House Democratic Leader.
On November 17, House Speaker Nancy Pelosi, who has led House Democrats for twenty years, announced that she would step down from leadership.
'Time' reports that Pelosi said she will continue to serve as a representative while relinquishing her role as the Speaker of the House.
No matter what title you all, my colleagues, have bestowed on me, speaker, leader, whip, there is no greater official honor for me than to stand on this floor and speak for the people of San Francisco, Nancy Pelosi, Democratic Speaker of the House, via 'Time'.
This I will continue to do as a member of the House, Nancy Pelosi, Democratic Speaker of the House, via 'Time'.
In 2002, Pelosi became the first woman to lead a major party in either chamber.
.
In 2006, she first took up the speaker's gavel following midterm elections.
.
When I think of Nancy Pelosi, I think of dignity.
History will note she is the most consequential Speaker of the House of Representatives in our history, Joe Biden, President of the United States, via 'Time'.
When I think of Nancy Pelosi, I think of dignity.
History will note she is the most consequential Speaker of the House of Representatives in our history, Joe Biden, President of the United States, via 'Time'.
The announcement comes just one day after Republicans won enough seats to gain control of the chamber.
.
'Time' reports that the passing of the torch is likely to empower the next generation of Democratic leaders.
.
Those leaders include New York Rep.
Hakeem Jeffries, who is seen as a likely replacement for Pelosi.
.
According to 'Time,' Representatives Katherine Clark of Massachusetts and Pete Aguilar of California are also considered contenders.
According to 'Time,' Representatives Katherine Clark of Massachusetts and Pete Aguilar of California are also considered contenders.
However, Rep.
Kevin McCarthy, who won the Republicans' nomination for the job on Nov.
16, will likely get the gavel