Paul Ryan, the Speaker of the House and former Vice-Presidential candidate, announced that he will not seek re-election in the upcoming 2018 election. The Wisconsin congressman said that serving in Congress as the Speaker was "one of the great honors" of his life.
He explained that the main reason he is not seeking re-election is that he wants to spend more time with his wife and kids. Ryan pointed out that when was first elected in 1999, he did not have any children. He said that he does not want his kids to "only know me as a weekend father" and "will be setting new priorities" in his life.
Ryan pointed out that he is "incredibly proud" what the Republicans have accomplished, including the major tax reform bill that he helped get passed just before Christmas.
"I will be setting new priorities in my life, but I will also be leaving incredibly proud of what we've accomplished."
Ryan said he expects to pass the Speaker gavel over to a new Republican leader in Congress before he retires in January and said he is "leaving this majority in good hands with what I believe is a very bright future."
The GOP faces a challenging fight to hold on to a majority in the House in the upcoming election amid Democratic enthusiasm and opposition to policies pushed by President Donald Trump and the Republican-controlled Congress.
Ryan has served in the House since 1999 and became Speaker in 2015.
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