WASHINGTON —Nancy Pelosi said Thursday that she will step down as Speaker of the House after Democrats lost control of the House to Republicans in the midterm elections.
Pelosi announced her decision Thursday during a speech on the House floor.
“Now we must move boldly into the future,” the California Democrat said. “The hour has come for a new generation.”
Pelosi’s resignation comes amid revelations that Marjorie Taylor Greene has secured a promise from House leadership to investigate Nancy Pelosi and the Department of Justice regarding the treatment of Jan. 6 defendants, according to a report from the The New York Times.
“For me the hour has come for a new generation to lead the Democratic caucus that I so deeply respect,” Pelosi said Thursday. “And I am grateful that so many are ready and willing to shoulder this awesome responsibility.”
Pelosi has led the House Democrats since 2003, marking the longest leadership run in either party since the tenure of Sam Rayburn, a Texas Democrat, who died in office in 1961. At 82, Pelosi has been a member of Congress for 35 years.
“I have enjoyed working with three presidents, achieving historic investments in clean energy with President George Bush; transformative health care reform with President Barack Obama, and forging the future — from infrastructure to health care to climate action — with President Joe Biden,” Pelosi stated.
House Minority Leader Kevin McCarthy, R-Calif., who is eyeing the speaker’s job after his party captured the majority, did not attend Pelosi’s resignation speech.