Pelosi announces she will not run for leadership post after GOP wins House

House Speaker Nancy Pelosi says she will not run for a leadership post, a move that marks the end of an era and sets up a major shakeup for House Democrats.

In a speech on the House floor Thursday, Pelosi touted the party's legislative achievements under her leadership before saying: "Now we must move boldly into the future."

"The hour's come for a new generation to lead the democratic caucus," the speaker said.

Pelosi said she will continue "speaking for the people of San Francisco" as their congresswoman, but not...