Congresswoman Nancy Pelosi confirmed Thursday she will not seek re-election as leader of her party for the first time in nearly 20 years.

 

“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.

Watch Pelosi’s comments above.