House Speaker Paul Ryan to Retire – Watch His Announcement (VIDEO)


Paul Ryan

This is a developing story.

U.S. House Speaker Paul Ryan announced he will serve out his term and retire next January, setting up a race to fill one of the most powerful leadership positions in Congress.

Ryan made his announcement this morning, and video is included below.

Reuters reports.

U.S. House of Representatives Speaker Paul Ryan, dealing a blow to the Republican Party just months ahead of pivotal congressional elections, said on Wednesday he will not seek re-election to Congress in November and will relinquish his leadership post at the start of 2019.

Ryan, who portrayed his decision as one driven by wanting to spend more time with his family, has had a rocky relationship with Republican President Donald Trump. Asked to what degree Trump’s presidency influenced his decision not to seek re-election, Ryan said, “Not at all.”

After months of speculation that he would retire, the 48-year-old Republican speaker announced his decision, setting up a struggle for succession among House Republicans amid mounting concern about the party’s prospects in November, when Democrats are seeking to regain control of Congress from Trump’s fellow Republicans.

“I am announcing today that this year will be my last one in the House,” said Ryan, the 2012 Republican U.S. vice presidential nominee and long-time legislator from Wisconsin.

A prolific fundraiser for the party, Ryan became speaker in late 2015 after then-House Speaker John Boehner, also a Republican, unexpectedly resigned following a series of clashes with right-wing conservatives in the divided party.

Despite some early clashes with Donald Trump during the presidential campaign, Ryan has become one of his most reliable supporters.

Trump’s low approval ratings and controversial 14 months in office have heartened Democrats about their chances of recapturing the House majority they lost to the Republicans at the end of 2010. To do so, they would have to pick up at least 23 seats in the 435-member House.

There has been speculation that Ryan could have his eye on a run for the White House in 2020 or beyond. But in his statement to reporters, he talked about spending more time with his family.

Ryan also said he has been assured by the White House that Trump does not intend to fire Special Counsel Robert Mueller, who is investigating potential collusion between Trump’s 2016 presidential campaign and Russia, or Deputy Attorney General Rod Rosenstein, who oversees Mueller’s probe.

“I have no reason to believe that that’s going to happen,” Ryan said. “I have assurances that it’s not, because I’ve been talking to people in the White House about it.”

Here is video of his announcement.

Post your thoughts in the comments section below on the retirement of Paul Ryan.

Join the conversation!

We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse.