Nancy Pelosi stands down as leader of US House Democrats

YEREVAN, NOVEMBER 18, ARMENPRESS. United States House SpeakerNancy Pelosiannounced on Thursday that she will relinquish her leadership post after leading House Democrats for two decades, CNN reported.

Pelosi, the first and only woman to serve as speaker, said that she would continue to serve in the House, giving the next generation the opportunity to lead the House Democrats, who willbe in the minority next year.

“I will not seek reelection to Democratic leadership in the next Congress,” CNN quoted Pelosi as saying in the House chamber. “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.”