Update: Nancy Pelosi will remain in Congress, hand over Democratic Party leadership

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Update: Nancy Pelosi will remain in Congress, hand over Democratic Party leadership
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BREAKING: House Speaker Nancy Pelosi announced she would step down in her party leadership role, but will continue to represent San Francisco in Congress.

Pelosi's decision to either seek another term as the Democratic leader or to step aside has been widely anticipated. Her speech was interrupted several times as she stood among her colleagues in what she termed"the people's house."The 82-year-old Pelosi recapped her career, from seeing the Capitol the first time as a young girl with her father, a former congressman and mayor.

The Bay Area Democrat, who rose to become the nation's first woman to wield the speaker's gavel, is a pivotal figure in U.S. politics. Democrats Rep. Hakeem Jeffries of New York, Rep. Katherine Clark of Massachusetts and Rep. Pete Aguilar of California have similarly moved as a trio at times, all working toward leadership roles themselves.

California's other Democratic Senator Alex Padilla thanked Pelosi for her spearheading landmark legislation.

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