Speaker of the House Paul Ryan will not run for re-election in 2018 multiple sources have told Fox News; stunning Washington and kick-starting a party-wide power struggle over who will replace the outgoing GOP leader.
According to inside sources -first reported in Axios– Rep. Ryan reportedly feels the recently passed GOP tax cuts were the culmination of his Speakership and is planning a transition into private life over the next year.
The Speaker also came under fire weeks ago from President Trump and fellow Republicans over his $1.3 trillion omnibus spending package.
Paul Ryan was catapulted into the national spotlight when he ran alongside GOP presidential nominee Mitt Romney in the 2012 race for the White House. He has served as Speaker of the House of Representatives since 2015.
The Speaker’s decision places even greater importance on the upcoming 2018 midterm elections, with both Democrats and Republicans vying to control the House and Senate.
Rep. Ryan is expected to announce his decision to leave Congress as early as Wednesday.
OUCH: Paul Ryan UNLOADS on 'SAD' Nancy Pelosi Over ‘Crumbs’ Comment
Speaker of the House Paul Ryan didn’t mince words when addressing House Minority Leader Nancy Pelosi’s assertions that the GOP tax cuts aren’t helping American workers, saying increased wages and $1000 bonuses “aren’t crumbs” to average families.
“As you know, leader Pelosi’s calling all of this ‘crumbs,’” a reporter from C-SPAN pressed the GOP leader.
“I was sad and surprised she said that. To somebody working at Walmart at the starting wage who just went from $9 an hour to $11 an hour, that’s not crumbs. To a person working paycheck to paycheck who just got a $1000 bonus, that’s not crumbs,” said Ryan.
“Comcast –just one company- is investing $50 billion in America, in jobs, in expanding across the country, this isn’t crumbs. The additional maternity leave at Walmart, the higher 401(k) plans… these aren’t crumbs,” he added.
“More than half of Americans are living paycheck to paycheck. When they get something like a $1000 bonus at Christmas time because of this tax cut, it’s hardly crumbs,” said the Speaker of the House.
Watch Paul Ryan’s comments above.
PELOSI PANIC: Nancy BEGS Paul Ryan to STOP Memo Release
House Minority Leader Nancy Pelosi was in full-fledged panic mode earlier Thursday, demanding Speaker of the House Paul Ryan remove Devin Nunes from his position just hours before the House Intelligence Committee is set to release the controversial FISA memo to the general public.
Pelosi posted her incendiary letter to Speaker Ryan on social media, saying Nunes’ “deliberately dishonest actions make him unfit to serve” and called for his “immediate removal” from the Committee.
.@DevinNunes’ deliberately dishonest actions make him unfit to serve as Chairman of the House Intelligence Committee. @SpeakerRyan must immediately remove him from this position. #RemoveNunes https://t.co/RPehm3Rvib
— Nancy Pelosi (@SpeakerPelosi) February 1, 2018
“Both the DOJ and FBI oppose releasing the Nunes memo. As the Department of Justice warned, the public release of the memo would be an ‘unprecedented action’ and ‘extraordinarily reckless,’” wrote Pelosi. “The FBI also expressed that the agency has ‘grave concerns about material omissions of fact that fundamentally impact the memo’s accuracy.’”
“It is long overdue that you, as Speaker, put an end to this charade and hold Congressman Nunes and all Congressional Republicans accountable to the oath they have taken to support and defend the Constitution, and protect the American people,” she added.