House Speaker Paul Ryan Will Not Seek Re-Election

House Speaker Paul Ryan will not run for re-election. He said he would finish his full term and officially retire in January.

Ryan formally announced his decision in a conference meeting Wednesday morning, citing family matter and wanting to be "more than a weekend dad" to his growing children.

Ryan, a Wisconsin Republican, has been in Congress since 1999 and became House speaker in 2015.

"This has been one of the two greatest honors of my life," Ryan said of his time as speaker. But he added that "it's easy for it to take over everything in your life, and you can’t just let that happen."

"I will be setting new priorities in my life," Ryan said, explaining that he no longer wants to be a "weekend dad" and wants to make the most of his time with his family.

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