Nancy Pelosi gives her final statement
House Speaker Nancy Pelosi announced that she would relinquish her leadership post on Thursday, after leading House Democrats for two decades, building a legacy as one of the most powerful and polarizing figures in American politics.
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 will be in the minority next year despite a better-than-expected midterm election performance.