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Nancy Pelosi opts to not seek House leadership role in next Congress

House Speaker Nancy Pelosi announced on Thursday that she will not seek re-election to her leadership role in the next Congress.

Video Transcript

NANCY PELOSI: 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. And with great confidence in our caucus, I will not seek re-election to Democratic leadership in the next Congress. For me, the hours come for a new generation to lead the Democratic caucus that I so deeply respect.

RACHELLE AKUFFO: That was House Speaker Nancy Pelosi there making the announcement she'll be stepping aside as leader of the Democratic Party in the House after 20 years. Now she did say that she will stay in Congress and serve out the term to which she was just elected. Her announcement coming just a day after Republicans clinched a narrow majority in the House.

And it appears that the next generation she mentioned is already taking shape, as the number two Democrat in the House, Congressman Steny Hoyer, also announced that he will not seek another leadership position. And Democratic Whip Jim Clyburn saying a short time ago that he will run for the assistant leadership and also made his suggestions for who should be the Democratic leaders in the next Congress-- Hakeem Jeffries, Katherine Clark, and Peter Aguilar.