Published: Thu, April 12, 2018
Worldwide | By Lisa Hogan

US House Speaker Paul Ryan Announces Retirement In January

US House Speaker Paul Ryan Announces Retirement In January

That includes Ryan's work to decrease the deficit over his 20-year tenure in the House, including the last two-plus years as speaker - work for fiscal reform that Sykes believes has been defaulted by President Trump's new budget. Buck said Ryan will serve out his term and retire in January. "Capping off a remarkable twenty-year career in Congress, Paul's speakership has yielded one signature accomplishment after another for his conference, his constituents in his beloved home state of Wisconsin, and the American people".

The Republican lawmaker told reporters of his plans to retire on Wednesday morning, following a closed meeting with members of his party.

Speaker of the House Paul Ryan said Wednesday that he does not think his retirement this year will hurt Republicans chances of keeping the majority in the House.

Last month, Trump slammed Congress over the $1.3 trillion spending bill, which Ryan played a key role in crafting, over its failure to include funding for Trump's border wall and a fix for the Obama-era Deferred Action for Childhood Arrivals Program (DACA).

He said he wants to spend more time with his children, noting that his daughter was 13 when he became speaker. "We are with you Paul!" the president tweeted.

Ryan stressed that he is "not resigning" but intends to serve until January "as I was elected to do".

In 2012, Ryan was Mitt Romney's running mate in the presidential election.

Newsmax White House correspondent John Gizzi said on Wednesday that McCarthy, who withdrew from the race for speaker in '15 and helped convince Ryan to run, has signaled he is not interested in becoming speaker if Republicans retain the majority this November.

The Democratic Congressional Campaign Committee said Mr Ryan's departure was an ominous sign for Republicans, months away from nationwide elections.

The speaker met with members of his caucus on Wednesday morning.

On Wednesday, he that President Donald Trump, with whom he has had a sometimes hard relationship, with setting the stage to make that happen, adding "I'm proud of what we have accomplished".

"What I realise is if I am here for one more term my kids will only have a weekend dad".

The Wisconsin representative cited his three teenage children as one of the main reasons why he would be leaving Congress.

"While he did not seek the position, he told his colleagues that serving as Speaker has been the professional honour of his life, and he thanked them for the trust they placed in him". VICE calls Ryan's resignation "a gift to House Democrats" since it proves conservatives can't hold the legislative body permanently, even during the Trump administration. He will likely compete with House Majority Whip Steve Scalise, of Louisiana, for the job.

Vos did not immediately respond to a request for comment.

Pressure is also mounting in his home district, where he was facing a challenge from Democratic ex-steelworker Randy "Ironstache" Bryce. His campaign has support from the national party, and it said it raised US$4.75 million through the end of March.

The only declared candidate is far-right conservative Paul Nehlen, who has been barred from Twitter for racist and anti-Semitic posts and who Ryan defeated by 68 points in 2016. Janesville school teacher Cathy Myers is also running as a Democrat.

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