Pelosi steps aside as House Democratic leader, clearing the way for "new generation"
CBSN
Washington — House Speaker Nancy Pelosi, who made history as the first woman to serve in the role, will not seek another term as Democratic leader, she said Thursday, bringing an end to two decades as head of the Democratic caucus as the party prepares to relinquish its majority to the Republicans.
Pelosi will continue serving in the House after winning a 19th term in last week's midterm elections, assuming a lower-profile role when the next Congress convenes in January.
"Now we must move boldly into the future, grounded by the principles that have propelled us this far and open to fresh possibilities for the future," Pelosi said. "With great confidence in our caucus, I will not seek reelection to Democratic leadership in the next Congress. For me, the hour has come for a new generation to lead the Democratic caucus."
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