Nancy Pelosi Will Resign as House Democratic Party Leader

She will continue to serve her California district in Congress when the  Republicans take control of the House.  After losing control of the House in the midterm elections, Speaker Nancy Pelosi (D., Calif.) announced she would not seek to remain the Democratic leader. She made the statement during a speech recounting her career on the House floor. She said the time has come for a new generation to head the Democratic caucus, which she will …

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