Outgoing House Speaker Nancy Pelosi announced today that she wouldn't try to lead the Democratic House minority in the new Congress but would retain her seat as a backbench member representing San Francisco.
"With great confidence in our caucus, I will not seek reelection to Democratic leadership in the next Congress," said Pelosi during remarks on the House floor this afternoon. "For me, the hour has come for a new generation to lead the Democratic caucus that I so deeply respect."
